re: market thoughts...bubble?

quote:

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Others like to stay all in, all the time. I don't think that makes sense, but that is a very popular thing to do. In the long run it always seems to work. Unless you are getting ready to retire and the correction happens around that time. Then come the news stories about 70 year olds who can't retire. I always wonder who gave them the advice to not take a realized gain and stay all in.

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It makes perfect sense, unless you're about to retire. But that's not an issue of timing the market; that's an issue of timing your life. If you aren't moving away from equities within ten to fifteen years of retirement, you're a fool and a gambler.

If you do so before, I believe you to be a fool and a gambler.