Originally posted by roka
I've moved from 20% cash to ~1% cash. Very hard to time the markets, but economy doing well in US. Trade wars will be settled before next Presidential election. Brexit will be settled one way or the other. US FED down from quarterly rate hikes to half yearly. Sellers have sold. I am convinced markets will be heading higher and not big crash. Need a recession for big market crash, which we're just not seeing. If you've got 5-7 year time horizon, why would you be worried?
I agree with you 90%, but generally market is not a100% logic beast, you have to allow for lemming effect.
Black Monday 1987
Asia 1997
dot com 2000
GFC 2007
???
