Quote:
Originally Posted by bimmerfrk
Ok so after today i put all my wife's and my 401k proceeds into a money market fund. This trajectory cant continue and a lot of economists feel that the economy is reaching if not already at full employment. I don't care if i miss another 2 - 5 percent in gains. I'm up 39 percent over the last 2 years and im sure there is a pull back coming. I'm protecting my profits. I will continue to contribute to my 401k but there is just no value at the moment. Its crazy how many times companies are trading their earnings
Thoughts?
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bimmerfrk, you moved out of the market and into cash, correct? The reason you did that is because the trajectory can't continue. Did I get that right?
Have you given a reason based on economic fundamentals why the trajectory can't continue? I read, once, through all the posts and did not see an economic thesis put forward.