>>My guess 4.5%
>
>7%
>
>UK down 5.5 yesterday another 3 today. Say goodbye to your pension funds again.
If your pension is starting today, then yes. Else, simply keep your stocks. Personally I'm thinking about the right moment to BUY some extra.
One can also buy or write one or more put options, but IMO esp. short term puts are an extreme risk at this moment. Who can predict what the index will be in exactly one week from now? It can be lower, the same and higher. Sure, that's always true, but this week it's even more true that no one can really know how it will develop.
If I buy, perhaps today, then it'll be for the long run and it will be regular options.
http://en.wikipedia.org/wiki/Put_option
Groet,
Peter de Valença
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