tag:blogger.com,1999:blog-4035015.post891255526887758547..comments2023-10-13T00:56:08.498-07:00Comments on Centrifugal Deforest: Boil That Dust SpeckMichael Daveyhttp://www.blogger.com/profile/10233640994562858270noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4035015.post-14199395552824473582008-01-05T18:53:00.000-08:002008-01-05T18:53:00.000-08:00Gee, I thought you were a contrarian. If you are l...Gee, I thought you were a contrarian. If you are looking way, way long, of course the market will recover. But short-term, I suspect this breakdown is for real. You might want to consider a couple of shock absorbers for your long positions, e.g., FXP and DUG. China and energy are in serious bubbles.<BR/><BR/>My own self, the first eleven years of my retirement draws (starting next year) are funded by CDs paying a laddered average of 5.75% APY. Yup, I went heavy into long-term CDs when the rates exploded back in August 2006. Took half off the table from my Vanguard balanced funds and never looked back.<BR/><BR/>Given the current rate environment and the volatility of the market, that locked-in yield looks pretty good.<BR/><BR/>Yours,<BR/><BR/>BozoAnonymousnoreply@blogger.com