Sold All of My Equities
Opinion | (3)
Today, I sold 100% of my equity and mutual fund positions. Many stocks were held for 10 years, but they are now all liquidated. We shall see if this was the right move.
2008-02-06 Update: I guess that I got lucky, as the market dropped 3+% on Tuesday, right after I sold everything. Not that I should be counted on to make stock predictions, but my guess is that the market will bump down another 10+%. Then, I MAY consider purchasing equities, but I will likely start to make investments through hedge funds in future growth markets overseas.
In my un-expert opinion, ...