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Message
re: Cash in stocks now
Posted on 12/28/12 at 6:38 pm to Sal Minio
Posted on 12/28/12 at 6:38 pm to Sal Minio
I'm still in.
I backed off my asset allocation to 50% equity exposure, just in case. This stock market makes no sense to me either. It's just as likely to run up as it is to crater.
If I were close to retirement, I would reduce my equity exposure down to 25% and try to preserve capital for the next few years. Too many idiots in charge of this roller coaster.
I backed off my asset allocation to 50% equity exposure, just in case. This stock market makes no sense to me either. It's just as likely to run up as it is to crater.
If I were close to retirement, I would reduce my equity exposure down to 25% and try to preserve capital for the next few years. Too many idiots in charge of this roller coaster.
1
Posted on 12/29/12 at 12:57 am to tigeryat
The market came back after 9-11.
The market came back after The Crash of 9-08.
It will survive this time, too.
The market came back after The Crash of 9-08.
It will survive this time, too.
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