ST Alpha - "I don't throw my money in there and ignore it. Oil stocks got battered and I moved some money out of something else and bought them on the cheap." (Reading a Post)

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In response to "And why are you concerned with short term trends in your 401(k)? -- nm" by znufrii

I don't throw my money in there and ignore it. Oil stocks got battered and I moved some money out of something else and bought them on the cheap.

Posted by Bacon (aka redmond) Feb 10 '17, 17:01

I have some tech stocks overheating, and might be lowering the shares in them and move into something else.

I bought Goldman Sachs the day after the election and I am up 21.9% as a direct result of Trump being elected.

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BTW I an concerned because I waited until my late 30s to start a 401k and I am playing catchup. This is the 5th year in a row I have increased my - Bacon Feb 10, 17:17 2
- Yeah, I'm 38 and I'm only at 4.5%. -- nm - Qale Feb 10, 17:32 1
  - At least you are doing it now. Many of your peers are not doing shit. -- nm - Bacon Feb 10, 17:56

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I don't throw my money in there and ignore it. Oil stocks got battered and I moved some money out of something else and bought them on the cheap.

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