03-16-2020, 03:21 PM
(03-12-2020, 11:23 PM)pbrower2a Wrote: ...Were I to try to beat the market I would buy in the wake of bad news that causes people to panic and sell during exuberant times. COVID-19 is only a pretext... for exposing the really-bad news of inadequate savings, capital devoured in speculative activities, and nobody having a clue about how to meet the economic reality of an end to scarcity for most manufactured goods...
-FWIW, I thought stocks were overvalued in December, so I took a little out of a stock fund and put it in a money market fund. Last week, I took a little out of a my IRA money market fund and shifted it to stocks. If the Cornonahysteria hasn't ended, I might have to do a little more rebalancing later this week. We shall see.