It might not be a bad idea to hold cash 10 years into a bull market.https://twitter.com/garrytan/status/1137374665284866048 …
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Haven't people been saying this for years though? Can't time the market but that doesn't stop people from trying.
I don’t think holding cash reserves is the same thing as timing the market.
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Depends on your reasons. If you're pulling money out bc you think the market is high, that is definitely market timing but if it's bc you've made a ton of $$ and want to get more conservative, that makes sense.
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If you're generating cash, then you don't need to "pull money out" in order to build up a cash reserve.
End of conversation
New conversation -
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They both stem from an attempt to meta-predict the business cycle.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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