Off-Topic: Just Curious

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	Name:	MartiniMan -
	Subject:	Just Curious
	Date:	8/25/2010 5:51:40 PM

I'm going to park it in a money market account and when/if the correction occurs I will move back into stocks. I have 15 years before retirement so I can't afford to stay out for long but with the last two corrections I wanted to get out and back in and never pulled the trigger. I am going to give this a shot and see what happens. If I were close to or retired I would not have any money in stocks. I might put 20% in gold but I am always leery when everyone is saying buy and its at all time highs you have to worry.

My biggest risks are 1) there is no correction and it muddles along at around 10,000 or grows in which case I will miss out on those returns (not a big deal); 2) there is inflation which will eat away at my principal faster than it grows at the paltry money market rates. I frankly don't consider either to be a huge risk the way things are going. I am more worried about deflation instead of inflation.

I think I could be on the sidelines anywhere from 6 to 24 months depending on the economy. We'll see how this potentially brilliant or patently stupid idea works. I just could not bear to watch my 401k drop by 50% even with 15 years to go.