index5

Percentage of Active Fund Managers That Can Beat the Market Shrinking Rapidly

Thanks Mrzin. Hope your right. With cash, there certainly will be future opportunities (assuming my money market stays in business!). Its just that I was hoping to have a sense of relief - "now I'm not in the market" so can't loose. Problem is, now I find myself instead feeling "now I'm not in the market, need to worry about what/when to buy". So hasn't offered peace of mind I hoped. Also, anytime I sell, probably means the rest of y'all should buy. Capitulation 101 from a small time investor.

Percentage of Active Fund Managers That Can Beat the Market Shrinking Rapidly

I just sold all my index funds today (14/2008). Have been in the market, was about 65% equities, which was all index funds. Performance YTD was about the the exact same as S&P, even with 35% cash (due to mix). So wasn't loosing too much.

Now I am 100% cash. Betting on a further crash.. but now have a feeling I shouldn't have sold, too late to cancel the orders. Any opinions?