3 of 10
Neil Sowinski, 30
Neil Sowinski, 30
Neil Sowinski is an industrial mechanic in Racine, Wisc.
Portfolio allocation: 5% stocks, 95% bonds

I pulled 95% of my money out of the stock market in January and put it all into a Pimco bond fund, and I advised my wife to do the same. I told her that after enduring three giant pullbacks since we started investing in 1999, we were not riding out another one.

I felt that the rally in 2009 was just based on the government's stimulus and corporations cutting costs -- it wasn't sustainable. We're up about 8% on our bond fund so far this year, so we're happy with that and will stick with it for now.

I would rather earn nothing than get caught up in another downdraft. We will return to the market when fundamentals align with stock prices but are prepared to sit on the sidelines for another year. I still believe in the system, but I'm not will to risk so much with the way the market is now.

NEXT: Jeremy Lessard, 33

Last updated September 06 2010: 3:43 PM ET
More Galleries
10 of the most luxurious airline amenity kits When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More
7 startups that want to improve your mental health From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
5 radical technologies that will change how you get to work From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.