Re: [RT] Investing

[BobsKC <bobskc@xxxxxxxxxxxx>]

Most everyone took a huge hit on their 401K funds last year.  Now
your husband wants you to miraculously get it back for him even though
you have little, if any, real trading experience?  He needs to put
his remaining money in bonds, forget the loss, (if it truly was a loss
and not just a retracement of earlier gains), and concentrate on his
chosen profession.  Trading, is, in and of itself, a profession and
making investment decisions should be done with the aid of
professionals.  Step one is to forget the "loss" as you
have what you have now, not what you had before.
I wish you well in your endeavors.  
Bob

At 07:54 PM 1/9/2003 -0500, you wrote:
Okay, I have a basic investing
question.  My EX hubby took a huge hit in his 401k and wants to
recoup his lose over the next year or so.  The basic rule I know is
if interest rates are down then bonds and if rates are up get out of
bonds because they go down.  What else?  Anyone good investment
advice out there?  I can give a list of the funds he has to choose
from it that helps but I'm just looking for some basic guidelines to help
him out as he's not as savvy as me and I'm not as savvy as I should be as
I'm just starting to get back into this and I'm learning.  So any
other basic rules, guidelines or truths?
 
Thanks!
Desi
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