Market is Booming!

[Hortical]

Raise your right hand if you expected a correction and you adopted a conservative financial strategy.

[Lazie]

Raise your right hand if you expected a correction and you adopted a conservative financial strategy.

Exactly what are you asking/saying/implying? The subject says one thing, the body says another and at the end of it there is a sarcastic emoticon to make the message even more confusing.

[Hortical]

Well many people thought the market was going to tank, and put their retirement funds in bond (low interest) funds. I continue to be agressive, and even if it tanks, that's OK, I am in for the long term. Check your 401(k) recently?

[Islandman]

It is my belief that retirement funds should always be fairly aggressive unless you are close to retirement or retired.

I still think the market today is somewhat overvalued and overdue for a correction but it doesn't stop me from purchasing stock funds in my retirement portfolio. There is also a little thing called dividends which can become significant once you have accumulated a decent stock portfolio.

For funds that I may need within 12-24 months, only cash or cash equivalents for me!

[Assasin]

"I still think the market today is somewhat overvalued and overdue for a correction but it doesn't stop me from purchasing stock funds in my retirement portfolio. There is also a little thing called dividends which can become significant once you have accumulated a decent stock portfolio. "

Word. I think you have to mix it up and be passive-aggressive. A little funds, some big, some small, some local, some foreign and if you know bout the stock market you use the bionic eye, but if not know the market don't listen to CNBC.

[Islandman]

CNBC is mostly financial porn.

If you don't know much or don't want to spend the time to know much (this is probably 90% of us) , then buy a fund that mirrors a large index like the S&P 500 and get on with your life.