Posted by biketastic on 26th of Mar 2009 at 10:16 am
This is an excellent board and I have great respect for the
technical analysis which saved my pension (401k) last year when I
went to cash mid May 2008 on the basis of Elliot Wave Theory.
I am a UK-based amateur who is trying to grow his pension, so
please be gentle with me!
I have been 30% physical gold for a few months and considering
going back in to the market with one third of the remaning 70% (23%
of the pot). I expect to go back to cash again when primary
wave b completes later in the year, then to short the indexes back
down.
I was going to buy an equal split of S&P500 (SPY),
Commodities (DBC), FTSE100 (ISF.L) and FTSEXinhua25 (FXI.L).
My questions are:
1. Has the pullback most likely happened?
2. Does this look like a reasonable mix for a 401k?
Opinions would be valued very much and would not be interpreted
as giving advice.
Posted by gdstacey on 18th of May 2009 at 01:35 am
Hi
I'm currently using Selftrade (with SippDealExtra) to hold my
SIPP funds, I can use orders and stops but this is only
available on UK quoted instruments - not much use for trading
the picklist!
What do you use as a trading platform for your pension
assets?
it's ok to be in the 401K, however you just have to be ready to
sell again later this year when B wave is done, the bear market is
not over and anther decline will come in the future
I don't think you should ask Matt and Steve about allocations.
It requires license of financial advisor to offer you opinion on
this topic and fat fee to boot.
Time to scale back in ?
Posted by biketastic on 26th of Mar 2009 at 10:16 am
This is an excellent board and I have great respect for the technical analysis which saved my pension (401k) last year when I went to cash mid May 2008 on the basis of Elliot Wave Theory. I am a UK-based amateur who is trying to grow his pension, so please be gentle with me!
I have been 30% physical gold for a few months and considering going back in to the market with one third of the remaning 70% (23% of the pot). I expect to go back to cash again when primary wave b completes later in the year, then to short the indexes back down.
I was going to buy an equal split of S&P500 (SPY), Commodities (DBC), FTSE100 (ISF.L) and FTSEXinhua25 (FXI.L).
My questions are:
1. Has the pullback most likely happened?
2. Does this look like a reasonable mix for a 401k?
Opinions would be valued very much and would not be interpreted as giving advice.
UK Pensions
Posted by gdstacey on 18th of May 2009 at 01:35 am
Hi
I'm currently using Selftrade (with SippDealExtra) to hold my SIPP funds, I can use orders and stops but this is only available on UK quoted instruments - not much use for trading the picklist!
What do you use as a trading platform for your pension assets?
TIA
Graeme, Bath, UK
SPX monthly with 20 SMA.png it's
Posted by matt on 26th of Mar 2009 at 10:20 am
it's ok to be in the 401K, however you just have to be ready to sell again later this year when B wave is done, the bear market is not over and anther decline will come in the future
here's the monthly SPX with 20 month MA
I don't think you should
Posted by gs on 26th of Mar 2009 at 07:24 pm
I don't think you should ask Matt and Steve about allocations. It requires license of financial advisor to offer you opinion on this topic and fat fee to boot.
Matt, Agree ... I see nothing
Posted by cspirit on 26th of Mar 2009 at 02:32 pm
Matt,
Agree ... I see nothing you have on this chart which tells me the BEAR is over.