SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A Real American President: Donald Trump

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
isopatch
To: Honey_Bee who wrote (125664)3/12/2019 5:46:22 PM
From: RetiredNow1 Recommendation   of 454402
 
Yeah, I know about those guys and I'm sure they are far smarter than me. I don't engage in a lot of timing, but I do engage in some and don't have a bad record at it. I went to mostly bonds and cash awhile ago, so I didn't lose money at the tail end of last year and didn't make the big stock gains in the beginning of this year. But we still have not reached the highs of last year. So essentially, I've missed the roller coaster. I'm ok with leaving money on the table to safeguard my assets. We could live the rest of our lives on just Treasuries. So any gains we make from here are icing. That's why I'm super conservative as an investor. I don't need to take risks, so I don't. Right now, we're in bubble territory. I've been investing for over 35 years and it's hard not to notice the signs. The number one rule I learned as a value/fundamentals oriented investor is that there is a point when things are priced too high, and the trick is to don't so much worry about hitting home runs, but do everything you can not to lose money. There are very few pockets of value out there now. I just don't see them. Warren Buffet doesn't see much value out there now either. Neither does Gundlach. Neither is calling for a recession, but neither is calling for new money to be invested either. There are a lot of smart people out there saying things on both sides of the bull/bear argument. So I just choose to stay conservative for now and re-allocate when things are cheaper. I can afford to wait and as sure as the sun will come up tomorrow, there will be a day when things are cheaper. Mean reversion is a guarantee.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext