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investor88's
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David has taken a wise route ie won't buy anything now and would wait for the turn. This is despite Warren Buffet bull call "cash is trash", Jeremy Grantham turning bull from bear, plus many others.
Oct 26 10:49 am
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All Comments by investor88 »How Will We Know When the Markets Hit Bottom? [View article]
I respect David's stand, I have come to the same conclusion capital preservation is key in these tumultous times never mind gurus saying "cash is trash". If we pay the price for waiting till after the turn, it is a price worth paying vs being sliced by a falling knife.