Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
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Old 11-23-2024, 10:04 AM
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Quote:
Originally Posted by manaboutown View Post
Well, I am not selling. It was fun to watch the valuation of the equity portion of my portfolio increase last week. Predictions of market movement have little value. Many are given by those in the financial industry set to profit from them. Anything can happen at any time. As Charlie Munger advised, never interrupt the compounding unnecessarily.
"so I have for the most part moved to defensive holdings and the largest proportion of cash I have ever maintained"

Sounds like you already sold.