All in on stocks

April 24th, 2008 at 01:07 pm

Other than my emergency fund, I am officially 100% in stocks. About 70% domestic and 30% international. Call me weird, but I'm really getting excited about the overwhelming pessimism we're seeing right now.

Also I've read a couple articles that the pros and industrial investors are (quietly) moving back into stocks. It makes sense really because all the bad news is baked into the cake at this point. Just imagine the boost we'll see once oil falls to a reasonable level, the credit crisis settles down, and the dollar starts to recover.

Posted in Uncategorized | 5 Comments »

5 Responses to “All in on stocks”

merch Says:
April 24th, 2008 at 02:02 pm

Good to see you joined the party. I called the bottom at end of March and been going hot and heavy into financials. Looking to rotate into REITs next after the finacial start cooling.
veronak Says:
April 24th, 2008 at 04:37 pm

Because I new to this whole investing thing; I am very agressive with my 401k option, mostly stocks. I feel comfortable and things seem to doing well
Petunia Says:
April 25th, 2008 at 07:26 am

Interesting to see your take on this. Sounds like you're doing your homework and have a good strategy!
Broken Arrow Says:
April 25th, 2008 at 11:56 am

Damn skippy I'm also excited about the pessimism. Like merch, I agree the bottom was end of March with the Bear Stearn incident. I honestly did try to "cash in" on it back then, but I just didn't have my money ready then! Still, I'm going in full charge, with guns blazing!
luxlivingfrugalis Says:
April 26th, 2008 at 05:17 am

Hit the buy button again yesterday!

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All in on stocks

5 Responses to “All in on stocks”

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