четвртак, 19. јануар 2012.

My brilliant sell-everything trade

Money January 18, 2012: 3:28 PM ET0:00 / 1:59Why I converted my 401(k) into cash

(MONEY Magazine) -- Some people are born to be traders. Others have to be taught how do it. And then some of us wake up one day and find we are too white-knuckles, sweaty-palms scared to resist screaming, "Sell!"

On July 26, I took every nickel of stocks in my 401(k) and switched to the safest, most cash-like account on the plan's menu. At 40, this was the first time in my life I had ever made a real trade -- that is, a short-term move designed to put myself one step ahead of the market.

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