Fed cuts rates... again Options

[Spectatrix]

... by three quarters of a percent. Thoughts?

[Spectatrix]

No offense, but you're one of the last people I'd take financial advice from.

It's good to have savings at various levels of volatility. My emergency fund and house fund are staying put in savings accounts or CDs. I want stable gains since I plan to buy a house in a couple of years. My IRA, on the contrary, is in very aggressive, very risky mutual funds. Once I've bought a house and aren't funneling most of my savings into that fund, I'll worry about playing around with the stock market.

This post has been edited by Spectatrix: Jan 24 2008, 01:51 PM

[impala454]

No offense, but you're one of the last people I'd take financial advice from.

Not sure why you have that impression of me but oh well. Perhaps you can explain to me why.

It's good to have savings at various levels of volatility. My emergency fund and house fund are staying put in savings accounts or CDs. I want stable gains since I plan to buy a house in a couple of years. My IRA, on the contrary, is in very aggressive, very risky mutual funds. Once I've bought a house and aren't funneling most of my savings into that fund, I'll worry about playing around with the stock market.

Well then you're already doing what I suggested anyways . You didn't mention that. All I've ever seen you talk about on here is your 4% APY this and that. Aggresive mutual funds' positions are typically 75-100% stock positions.