01-04-2014, 11:10 PM
(01-04-2014, 11:06 PM)corydorus Wrote: Nothing wrong to keep cash level high when you have "Nothing Good" to invest. Is better than facing capital loss or worst deepen your loss feeding into expenses and commissions.
I concur, there are lots of people out there full in cash or 90% cash waiting for the cheap sales they foresee when FED pulled the plug. You can imagine the disappointment when the market has priced in that slow reduction of hot money.
Also, lots of people have sold out their houses and renting since couple of years ago. They are all waiting for the bubble to burst and rush in to buy.