April 16th, 2013 11:13 AM by Eric Fang
Gold and Silver crashed yesterday. They were down more tahn 10%. Bank Stocks still holdswell. I missed the chance to get KO, COST, HD, DTVetc. But I got K as $48. This is a very interesting stock after I purchased. It went up a few centsalmst everyday.
I thought about the risk management last Suday. I ran 13 miles in the morning with a pace of 10.And I ran another 5 miles in the afternoon. My daughter asked me to run another 2 miles to makeit 20. Though I tried to do so, I gave up the idea.I know I will gte hurt if I increased the mileage too much and too fast.
I believe this is another example of risk management.
For stock market(and bond), there are not much direction now. So it is better stay aside to watchfor someone.
As for the interest rate, 30 yr fixed rate still around 0.125% or 0.25% higher than history level. PersonallyI think It's hard to re-visit history lows, but my friendsaid that the rate is going to be new lows.
Let's watch and see.