AIRLINE stocks SOAR ^^

[rookieNYC]

jmd,
 Considering you are young and working with that much capital,not allocating even %10 into equities can be viewed as overly cautious..But in the end you have to do what you feel comfortable with..Also financial advisors are not professional money managers (typically financial advisors are failed stock brokers or ex-cold callers)..I do understand even the pro's have been caught this year..Historically after market crashes and depressions the following year the markets rebound %30..After the smoke clears you should consider even a diminutive portion of allocation in equities..Other than muni bond funds,tips,govt issues,money markets there isnt much more than CD's...I dont like CD's,but thats because I'm a trader( and I like my money liquid)..If you enjoy RE investing and playing landlord and it works for you then maybe thats your niche,but RE is NOT a liquid asset..But you are sitting on alot of cash that will be doing nothing,and then when you account for %3 inflation a year you will be at a net loss on the year..There is only so much that you want to dump into homes..We also don't know how long this real estate slide will last or this credit crisis...My next concern even though it seems like light years away is rising interest rates..I know we are going to be at zero soon enough but in time there is one way to go,and that will only compound the real estate problem..never mind the new guidelines now for RE investors having multiple mortgages and no more liar loans..

As for the safety of money markets being able to maintain $1 par I'm not concerned..But in time that may change..And no the government will not be able to insure money market funds if  things get amplified much worse than they already are..But again comparing the past depression to this current one is unrealistic...