mark500
Recycles dryer sheets
- Joined
- Feb 26, 2006
- Messages
- 146
I suggest one maintains their target asset allocation. Jumping in and out is a market timing and you will ultimately lose. Could be a bear market rally and we will be back down to DJIA 6500. Or it could be the beginning of a 50% uptick. Who knows? The answer is blowin in the wind.
The problem with people (like me) who overstimated their tolerance for equities and have adjusted their target stock asset allocation downward (by the market itself or by selling) will have to maintain discipline and keep their target asset allocation. You can't have it both ways.
The problem with people (like me) who overstimated their tolerance for equities and have adjusted their target stock asset allocation downward (by the market itself or by selling) will have to maintain discipline and keep their target asset allocation. You can't have it both ways.