Thinking of going 80% cash until we crash to 3500


I did well this year and I don't feel like losing money.

I've been investing since late 2019 starting off with a lump sum after my grandmother left me her house and we sold it.

Anyways, haven't added anything to it and it almost doubled by August of 2021, then of course things went south

Well I'm almost back to my August 2021 high, so basically 3/4 to a 2x.

Now I'm thinking of going 80% cash until the market goes South this fall, which I believe it will.

I don't need the money for another 20 years but why leave it in and watch it fall again?

Mike Wilson says we're headed to 3500 some time this fall…. or was it 3800?

Anyways, just think if it goes below 4000 and I buy back in?!

No taxes, because most are long positions and I don't pay anything on long gains.


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