Is anyone else thinking that this house of cards is coming down very soon?
I am considering getting rid of all my stocks this week, and moving into money market or bonds for a while. Not expecting to make much at all doing that.
If I move into bonds, I have the option to get back into stocks without penalty when I believe the market has bottomed out.
If anyone has other ideas, I'd like to hear them!
Back in summer of 07 I started selling my stock and mutual funds at opportune spikes, going to cash. I was a bit early but was satisfied to wait for a spell and along came fall/winter of 08. Loaded back up on select stocks and am now going back to cash and will be by the end of this month with no plans to ever return back to the mkt.
Ya'll can have it all and I do feel deeply for the younger guys and gals out there for what is ahead of them in their needs to accumulate for their futures. This ain't your Mom and Dad's economy anymore.
