Sometimes procrastination is good (go Israeli stocks!)
So you might remember that like six weeks ago I found out that while I was working at BGU they had been socking money away in a savings/benefits/retirement account on my behalf and that I could now decide what to do with it: a) keep it in there and earning interest but dependent on the stock market b) take some of it out or c) cash it all out. My first inclination was to cash it all out and my second, being a bit on the cautious side, was to say well wait maybe I should keep some in so when I do hit retirement age I have something… Since on other fronts I’ve thrown caution and everything else to the wind and I am going to need it this coming year to pay off the remaining vet bills for the great cat transport, my dental bills, and what’s left of the mega loan I took out for the hopeful but failed ‘maybe a baby’ endeavor, I’ve finally decided on full cash-in. In this case, though, procrastination in my decision has worked in my favour — six weeks ago my retirement package was 33,000 and change, now it is 33,351. The Israeli stock market is doing well. Yeah baby 🙂 So, with the fax I’m sending off in 20 minutes, I’ll have that latest number locked in no matter what the market does tomorrow. It may be that the market will improve and I’ll have ‘lost’ by cashing in now but given that I’ve gained by waiting 6 weeks, I’ve no problem with that.