Right now I am 50% cash and the rest is in the market. I am losing on two of my picks. The rest are doing really well and will hopefully survive the rough seas ahead. I so want to go in, but that little voice is telling me, “Patience Little Grasshopper.” ; )
High inflation will hurt me very badly if I am not in a position to take advantage of it, hence my cash position. Contrary views are welcome. Don't worry, I will probably ignore them. : )
huh, describes my current setup atm!
What I'm seeing is that market pricing patterns for the past few years have been more often than not a slow rise over a matter of weeks punctuated by in a matter of days or hours --this changes trading rules that worked so much better in past decades into rules can that no longer be depended on. SAJ & I were talking about it and his view is that this is typical of what he called an 'unstable market'.
Seems to me that getting back into the kinds of returns we had before '08 means tailoring market timing and stock screening to fit Obamanomics.
this QE induced smoke and mirrors propped up market
We're hearing that a lot but we're not hearing what that means in actual monetary policy and stock prices. Like what QE are we talking about --the Fed buying treasuries? The fed's alway's bought treasuries, it's what they do. In fact, the fed held a bigger share of the T-bill market during the Reagan years than now. Inflation's far more tame now than those days too.
For me all this "QE's fault" nonsense is just a bunch of loony-left union talk intended to shift the blame away from the left-wing's war on business in time for the 2014 election.