07-23-2016, 10:05 AM
I looked back 10 years on my portfolio and I noticed I never had more then 7 months of positive gains, right now, I'm at 6 months of gains. I realize that it's a market of stocks and not a stock market but I've been waiting for a correction for about 3 years, we had one in oil, but not an overall correction. I think we're due and I'm sitting on 25% cash. And I never sit on cash, ever.
Unless it's a nice margin of safety I'm not buying anything.
Unless it's a nice margin of safety I'm not buying anything.