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Money and Finances
Reply to "Too much money on the sidelines"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've been nervous about the markets being frothy the last year and now have way more than i'd like in money market funds. Anyone in a similar boat? What are you planning to to?! [/quote] Me. I plan on waiting for the inevitable crash.[/quote] Samesies. I bought in 2008, thankfully. [/quote] :roll: so you only buy at the absolute bottom and know in advance. For sure a winning and repeatable strategy.[/quote] No. We have money going into the market every month through 401K and deferred compensation. I haven't sold anything. But, I'm not putting extra $$ in right now because I want to build up my cash reserves, and yes, buy after the 2008-like drop. I'm also deciding whether to buy another rental property. It's a winning strategy for me. [/quote]
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