05-17-2015, 05:23 PM
(This post was last modified: 05-17-2015, 05:24 PM by earthtodan.)
I usually have a few % in cash. I spend a decent part of each day doing research and watching the market looking for a good deal. Not long ago I decided that sitting on cash might be driving me a little crazy, and if i just got 100% invested I would be able to unplug from the market a bit and reclaim some mental bandwidth for other things (like work).
After getting 100% invested, and with the market continuing to push new highs, I started getting anxious about not having any cash in case of a pullback, and I started looking for opportunities to skim off the top of positions that had become overvalued or run up too large.
Conclusion: Investing will drive you crazy.
After getting 100% invested, and with the market continuing to push new highs, I started getting anxious about not having any cash in case of a pullback, and I started looking for opportunities to skim off the top of positions that had become overvalued or run up too large.
Conclusion: Investing will drive you crazy.