Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

6 of 7
BACKNEXT
Cashing out at the highs
Name: Rolf Arands
Age: 43
Hometown: Piscataway, N.J.


When the Dow hit its all-time high in October 2007, I converted one of my largest holdings to mostly cash and bonds. I went on the assumption that it was time to clear out some money because the market highs were daily news. I continued to liquidate throughout 2008.

By the time the markets really dove south in March of 2009, I was about 60% in cash, 40% in bonds and annuities, and in a position to move back into equities. I reallocated my portfolio so that I was 50% in equities, 20% in cash, 6% in high risk and the remainder in low risk bonds and annuities.

As of this week, my portfolio is up 25% since the March lows and is at an all-time high.

NEXT: Taking an aggressive stance
Last updated September 14 2009: 2:51 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Drones are getting smaller and smarter These compact drones are built for racing, photography, education and some goofy fun. More
Top luxury hotel suites for business travelers For many people, you can't put a price on comfort. More
Million-dollar startups: These firms scored big sales their first year Their first year in business, these companies generated $1 million in sales. More

Special Offer