Quote:
Originally Posted by JourneyOfLife
Another sign the economic mood of the country is improving. "Better hurry or I might miss out!"
Novice investors stepping back up to the roulette wheel with their retirement money.
But I would appreciate another big gain in the S&P 500 in 2014. Thanks to all those contributing towards another great stock market year. 
Personally, I am going in the opposite direction in a measured way. I am going to rebalance to my strategic allocation (take some stock market gains and redeploy to a short-term bond fund till interest rates normalize a little more). When the stock market drops, is when I will rebalance the other way.
Remember, "The Stock Market Giveth, and the Stock Market Taketh Away!" The last time it Tooketh about 50%, the time before about 45%! "How will the risk look then?" Better yet, "What will you do then?" |
Agree, I mentioned this in another post. Like you I have an allocation for equities and will maintain that regardless of the euphoria, but it is a telling sign that there is "all of the sudden" an interest in the market as evidenced by the recent TOTV posts about investing. Coincidence that the media is reporting near end of year the 25%+ gains in the market? Let the herd run begin.