Bloat wrote “You can’t do much better than your ODMAX fund.” Yeah that’s right. It was just dumb look on my part as it just happened to be in the line up in my employee sponsored 403b. Initially I dipped in at 10% but when I saw how things recovered after that little “china” scare back in February I increased my allocation higher and higher. What I am doing is a calculated risk and definitely goes against standard investment advice which states that at 57 I should be much more oriented towards stable funds, cash, and bonds. My thinking is this: I am not where I want to be, there is not that much time to get there… why not lay it all (or nearly all) on the line? So far it is working but it is sure nerve-wracking . I was sweating bullets throughout August and now that its clear sailing again I am even more preoccupied with keeping up with every little gyration and story that may affect me. In a way its not healthy. I wish I could just take the position and forget about it for a while. The biggest threat to my position comes from “geopolitical risk” and terrorism. One or 2 dirty bombs somewhere could totally trash my “global growth” play for years. For those who can’t play ODMAX, Janus Overseas is a five star Morningstar fund with no load.
Beatus ille qui procul negotiis … paterna rura bobus exercet suis, solutus omni fenore….. Horace
