05-05-2021, 07:12 AM
At this stage of my life I am just more comfortable with a large position in a quality UTE than I am in an overpriced consumer staple with a historically high PE. UTE PEs are historically high as well but I see a growth tail wind. I can wait for my dip and buy a soap and toilet paper company some other year. If I don't that is a recipe for dead money.