Quote:
Originally Posted by MakoMike
They may very well turn out to be the wise ones. I wish I had done that.
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I hear you. Only problem with cash is its a poor place to be long term.
Example:We got a 20% bounce in stocks off the lows in just under two weeks. If you had sold at the bottom and stayed in cash, it would take you 10 plus years to get the money back versus 10 days. I know this isn't the best example because your age plays greatly into the amount of risk you can or should take.
Sure, we may go much lower, but at 38 I'm sticking with the market for the long term potential.
Next time I make a prediction do the opposite and you're sure to win....
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