Early Retirement & Financial Independence Community - View Single Post - Do you have a Stock Market Exit Strategy?

aenlighten · 05-19-2007, 01:37 PM

I would never move totally in or out of the market. I would be willing to shift +/- 10% when pessimism is heavy late in a recession or optimism is high late in an expansion, but I wouldn't be willing to be out of the market for long which is the error in most timing. I think we have some time to go before we get to that point. I want to hear a lot of people talking about which stocks they own and how much they have made before I cut back and if I miss it, I just skip it.

05-19-2007, 01:37 PM	#8
aenlighten Recycles dryer sheets Join Date: Apr 2007 Posts: 275	I would never move totally in or out of the market. I would be willing to shift +/- 10% when pessimism is heavy late in a recession or optimism is high late in an expansion, but I wouldn't be willing to be out of the market for long which is the error in most timing. I think we have some time to go before we get to that point. I want to hear a lot of people talking about which stocks they own and how much they have made before I cut back and if I miss it, I just skip it.