[expat_panama]

nothing wrong with holding cash, now, then, forever.

my theory, as well

Most people go w/ their feelings and some go w/ hard reality; the trend over centuries time frame is stocks are smart, cash is stupid:

 

[gloryblaze]

....cash is stupid

Hey, I resemble that remark! Seriously, though, I've seen that chart a thousand times. But always it is at a specific moment, of course, and at that moment, is it a good time? Like right now? I'm really not stupid, but I'll still hold on.

[Attention Surplus Disorder]

If we lived for centuries, that would apply.

There are times when having cash to buy bargains can create tremendous gains. There are times when we perceive stocks to be “bargains” and those are the times usually create the biggest and most horrific losses.

[mad_as_he$$]

an I assume that chart is “normalized” for inflation?