I think the market can turn either way rather quick. The market is full of liquidity and the rate has been so low. You can be happy with cash one day and months later, you find yourself significantly under-perform the market.
I see 10-20% cash being right amount here. More than 60% cash with all those cheap and solid stocks around. Now, that's ultra-conservative. I don't see how the ultra-conservative can out perform in LT.
Like when I click on General Category - I only see a list of unread topics... if I want to post, I will have to click on the one of the topics, then click on the sub-category at the top (Investment ideas, for example...) then I can post.
Sorry. I meant to say: I used to be able to see a list of sub-categories when I click on General Category. But I don't see the list anymore.. Is that a change?
buying in when uncertainties is scaring the hell out of everybody else.
selling when I feel like I am a good investor or feel like I should quit my day job. :)
most of us know this is a coin toss with nice upside. :)
i agree, u win some, lose some - not a big deal.
To those who play and lost (so far), better luck next time. 8)
The problem is there is some perceived risk out there that thinks BAC will need to deal with 100-200b worth of mortgages put-back. If that's the #s and BAC needs to pay in a short time frame, then BAC needs to raise capital. I think the # is way too high (but no one can say for sure until it's all settled). But the time frame - come on.. it will take years...
It's like BP after the spill, ppl are yelling BP needs to file BK to pay back 10s of billions. What now?