Reply to Too much money on the sidelines

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[quote=Anonymous][quote=Anonymous][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]

Similar strategy here. I did diversify a lot out of the dollar after trump won, more as a hedge than as a gamble. So far I am glad I did. [b]If hastert is appointed to chair the fed, the dollar will only continue its fall. I want to have outside options in the not unlikely event that this country goes to the dogs.[[/b]/quote]
Is the option to own bitcoin, or equities adjacent to bitcoin like Coinbase?[/quote]

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