Jackson Cash

How Risk Aversion Is Evolving

Smarty_Pants makes a number of good points.

I, being GenX decided to move all my IRA holdings to treasuries after my portfolio is up almost 8% this year (riding emerging markets and energy all the way up and then selling in June). I am a long term buy and hold investor... however that strategy would have been catastrophic in my portfolio.

Also, not going to lie, I've seen this mess coming for the last three years, so I have been on an utter spending spree!

I bought the quality big ticket items (not with credit) such as a new truck, television, etc. My logic? These things could become unavailable.

I've seen this storm for long enough to not only adapt, but "invest" in the "stuff" before the stuff becomes unavailable. A little foresight and the ability to purchase debt free will continue to insulate my family from this mess... and *knock* *knock* to date it has.

The problem is that with this bailout, my "good" behavior isn't rewarded -- ITS INSULTED!!!!