fredP:I believe even a buy and hold investor shold take profits.
Seems difficult to "take a profit" when you are in fact taking a loss. fredp: This IMO this has been the most widely forecasted economic downturns I can ever remember. If fact, most expect this coming earning season to be pitiful.
Do you know more than what the market has already priced in?
fredp: If you want to stay with 60% stocks or whatever good luck, good luck with your buy and hold strategy in this environment.
Thank you Fred. Good luck to you as well. :-)
Jerry
