To be conservative (rather lose less than gain more), since late December 2006, I had trimmed down my holdings in stocks and gold ETFs from my portfolio into Bonds (FTABX, LSGLX) and Money Market fund. I didn’t, and frankly not smart enough, to predict a big drop like this; I just thought it is probably going up too fast in too short a time. In other words, the gain does not seem to be sustainable.
Luckily (trust me, it is pure luck), my current portfolio look like this:
47% Cash
10% Gold
43% Stocks
Still, as of today, my portfolio is down 1.9%.
Funny thing, I am currently in a business trip for the first time in New York, sitting in the lobby of Waldorf Astoria to get free internet access. 🙂
Maybe I brought the bear from San Diego to NYSE today! 😉
