Originally Posted by Cavalry Doc
There are always different ways to look at something.
Time to Re-Think Role of Stocks in Retirement
Stocks in Retirement may be your best Inflation Protection
It's a gamble, but I moved a chunk of money out of stocks and into treasuries last week. I'm thinking a 5 year high is a good time to take some profit. Also, I see that the fundamentals are dismal, and sentiment may follow for a while. If there is a large drop in the stock market, I'll try to time the bottom and throw all that money back into stocks.
It's money I can afford to gamble with. It's not my only planned income during retirement, which is still about 20 years away still.
What fundamentals are dismal? Balance sheets look great. Even top line numbers are growing.
“If Thomas Jefferson thought taxation without representation was bad, he should see how it is WITH representation.”