Back in February of this year, I made some adjustments to my 401k and went really conservative. I evaluate my allocations twice per year. The August/September time period is the second period. I will be making some adjustments based on what I'm seeing in the world economy. The markets are near their yearly highs. I think this trend could continue. Short term, I'm looking for a small pullback to buy. Long term, it may be a good time to get into specific sectors.
I will add a post with my changes when I make them. Needless to say, my prior changes in Jan/Feb didn't help much as the market continued higher, dipped and went right up to the highs.
In my personal long-term account, I'm taking a stake in Gold Miner and Commodity ETFs.
More updates to come.
~JP
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