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#1
11-15-2007, 03:37 PM
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Leaving for around a year - stock safe?
this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs.
is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming. 
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#2
11-15-2007, 07:09 PM
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Re: Leaving for around a year - stock safe?
It all depends. How soon do you anticipate needing to touch the money?
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#3
11-15-2007, 07:13 PM
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Re: Leaving for around a year - stock safe?
[ QUOTE ]
this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs. is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming. [/ QUOTE ] The point of having your money diversified in 6 ETFs is so you don't have to worry about anything. Enjoy your trip.
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#4
11-15-2007, 08:30 PM
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Re: Leaving for around a year - stock safe?
Stocks aren't like children. They're not safe or at risk depending on whether or not you're doting over them.
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#5
11-15-2007, 09:19 PM
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Re: Leaving for around a year - stock safe?
[ QUOTE ]
[ QUOTE ] this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs. is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming. [/ QUOTE ] The point of having your money diversified in 6 ETFs is so you don't have to worry about anything. Enjoy your trip. [/ QUOTE ] I agree...if you are in 6 diversified ETF's...and barring a complete market collapse...you should go and enjoy your trip,and hopefully when you return,you will have a decent ROI Stephen [img]/images/graemlins/cool.gif[/img]
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