Is there a stock answer?

My advisor told me that to put it into layman's terms my investments can go up and down like an whore's drawers. Should I pull out and stick in Ernie?

Well it's good to withdraw before a collapse. You could end up squirting all your funds away and you could end up screwed.

HELL YES!

do not put stock in flypaper....baaaad idea

No, just get more whores.

Only if you have protection

If you deem it prudent.

Buy low, sell high.

Just be careful please!

You could move into classical music, but in that case your shares can go up and down like a fiddlers elbow...............

Don't overstock.
Follow the rule of supply and demand.

no, stock trading is dangerous business, you need to have the gut and vision, and any business need to manipulate by expertise, if u dont have it, either dont want to learn it, then dont put in ernie, give it to me , i will do it for u, u get better returns than saving accounts.

Best answer i can think of
1) check out the excellent investing articles here:
http://www.fool.com/investing.htm

2) It all depends what you stock you're invested in........ but if in doubt, I guess if you want to play it safe stick 75% of it into ERNIE..... the rest into a few shares (e.g. via a SHAREBUILDER.com account) picked for the long term such as "Anheuser-Busch" (BUD), "Walmart" (WMT), Toyota (TM) + "Canadian Pacific" (CP) or "Union Pacific" (UNP)... then using any & all dividends earned to purchase more of the stock so you're entitled to more dividend next time round (and so on).