Im only sitting on about 2% cash right now, but can certainly add more to my fund if needed. I’m also wondering if we are getting into overvalued territory, where a major correction will happen.
A co-worker’s wife is an investor and they are targeting mid June to pull back and go mostly cash. The Buffet quote about being cautious while others are greedy is in my mind. Sure seems like a greedy market, where nothing is moving based on reality. We have riots, Covid, and are living through a recession and yet the market is booming. Just weird!
I don’t want to miss out on this run and am not, but don’t want to lose all my profits during another crash.....
where’s my crystal ball?
I thank Buffet every day since he tanked airline stocks. I think he did it purposefully to manipulate the market