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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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Whatever you do, don't go into bonds. Interest rates are finally moving up. As rates go up the price of bonds goes down, so you'll lose value in any bond you buy into now.
As for the direction of the Dow, etc., no one knows. If they did, they'd be richer that Warren Buffett. The market does what it does, often independent of (if not directly contrary to) current events. Who would have thought that the Dow would be up 2,000 points since November 4, 2016? None of us have the resources or ability to predict the market or pick stocks that beat the market. To the extent that anyone here does, it is a function of luck that their intuition turned out to be correct.
Put your stocks in an S&P 500 index fund and diversify with a few percent of your portfolio in commodities and non-equities. Buy and hold. Don't try to time the market. If you do it successfully it is only luck.
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MRM 1994 Carrera
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