Quote:
Originally Posted by widebody911
Every time I've been tempted to get out, it moves up some more...
|
Same here. Pulled 50% out a few months ago and put it right back after earning reports starting coming in above estimates.
Earnings are still coming in strong, the VIX is low and stable, oil and energy are still cheap, unemployment near all time lows. The only thing lagging is wages. The PE of the S&P 500 is a little above historic averages, but I don't see any reason to be bearish at this point.
Besides, Where the hell else are we gonna put it? Put $100K in a money market account and at the end of the year you can use the interest to buy a Starbuck caramel frap and a blueberry muffin.
__________________
Craig T
Volvo V60 - Daily Driver (I love it!)
997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct
1972 Chevy K-10 Pick-Up Truck Hugger Orange
