The Prudent Thing: Cash
Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. I know I just posted about wanting to get long, but really, why force it?
The market will screw over the most people most of the time, but in cash it can’t screw me over at all. Unless the treasury backed money market fails.
What’s your take?
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