re: Is the correction coming?

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So you’re saying all companies are bloated?

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I would never say “all.”

There are not many companies that appear undervalued to me, but I’m not all-seeing or all-knowing.

I’m closer to retirement than many of you and I want to preserve some capital. I’m still substantially invested in equities, I’m just paring some holdings to raise cash.

I’ll identify some stocks I want to own and sell put options to collect premium or enter the position at a lower net price. Most of the time, I just collect premium and try again after expiration.