This December will mark the 5 year anniversary of my moving to 100% cash position with no money in the stock market. Back in December of 2006, I had absolutely no clue I would still be on the sidelines 5 years later. I thought I would have been back in by now.
As an aside, I sleep soundly at night knowing I have a guaranteed return of capital.
Your “guaranteed return of capital” so far has been a guaranteed loss of purchasing power, which looks to continue if not accelerate over the long term. Normally the dollar gains a lot in market crashes. But not in the last two weeks, which is ominous.