THis post correlates with another one recently written here "Dirty MArket Timer." I am at 46/39/15 ……..equities/ bonds/ cash (MMF). I have been rebalancing all along and want to trim another $100,000 from a small cap fund I have that has been doing very well ( currently at all time highs...but isn't everything!!!). This would only trim my equities down to 44%; so no big deal and give me a cash cushion of $500,000. I know it is a lot of cash....but I could then ride out any market down turn for years and have even more "fun money" to spend.
So.....pull the trigger....or leave well enough alone. It really would not bother me if the market gains another 3-5% over the next 6 months. I would feel better KNOWING I locked in $100,000 worth of gains now rather than roll the dice and try for more. Comments? I am sure I am not alone here. Yes....I am also a "dirty market timer."
So.....pull the trigger....or leave well enough alone. It really would not bother me if the market gains another 3-5% over the next 6 months. I would feel better KNOWING I locked in $100,000 worth of gains now rather than roll the dice and try for more. Comments? I am sure I am not alone here. Yes....I am also a "dirty market timer."