Quote:
Originally Posted by Silock
Most of the educated and market savvy people didn't do anything this week. There's not enough information to know WHAT to do, so the best play is just to leave everything alone. I think you did the right thing.
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I think in general you are right. But when predicitions continue to be accurate and the bottom is yet to come, pulling out and putting into money market or other types of cash makes a lot of sense. You can always jump back in when the tide starts turning and ride it back up.
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Ephesians 2:8-10
English Standard Version (ESV)
8 For by grace you have been saved through faith. And this is not your own doing; it is the gift of God, 9 not a result of works, so that no one may boast. 10 For we are his workmanship, created in Christ Jesus for good works, which God prepared beforehand, that we should walk in them.
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