Quote:
Originally Posted by suzuka84
whatever you guys do, please stay fully invested in the market as Obama's new budget will only continue the market rally. Do not sit on cash as you need the money full deployed.
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I agree to some extent. History has repeatedly told us that whenever money is printed (quantitative easing), almost always the first place that money goes is into the stock market. As we can see from the market indices in recent months, history is spot on again.
What we don't know, however, is when the fun will stop and the next major (10-15%) correction will occur. For some reason, as much fun as I am having right now waking up to see my portfolio turn GREEN virtually every day, I know the party will end sometime. But when? In January 2000, everyone was saying that things were different this time around, that this bull run had been driven by new money, that we were in the age of the "New Economy", going so far as capitalising those very words.
In the meantime, I'm not going to complain but will enjoy the ride
