Monday, October 19, 2009
US in trouble?
For the first time since I made my first 403(b) investment allocation in 1992, I've rebalanced my portfolio with the specific intent of protecting myself against a fall in US assets, rather than just diversifying. One fifth of my 401(k) account is now in TIPS (although even there, I am afraid the US Treasury won't make good on those) and foreign stocks.
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