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stock market upswing

October 13th, 2008 at 09:03 pm

My financial advisor called me today to tell me we had invested in developing market funds last year and now the fund has been acting a little wacky so he is suggesting I sell. I sold and put 50% in money markets and 50% in high yield bonds. Now I turn on the news to find out the stock market had a spectacular day today! Hope my selling caught it on the upswing and I made a bit of money. Didn't even think to ask him about that.

1 Responses to “stock market upswing”

  1. Broken Arrow Says:

    Hmm. That's not a bad advice actually. But yeah, I hope you sold during the global rally fiesta that's still going on right now.

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