12-08-2012, 12:34 PM
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#36
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100% star stuff
Join Date: Jan 2011
Location: San Diego
Posts: 2,561
My Ride: 2004 330i
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Quote:
Originally Posted by evolved
I'm of the mind that long term strategic asset allocation beats market timing and I view going into a majority cash is market timing (for the most part).
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I agree with your statements but what dismays me about hearing what my friends are planning to do is the fact that had Romney won the election, they would be a lot less risk averse with their assets. Don't get me wrong, I did not vote for Romney, this is just the sentiment I get from a lot of individuals I discuss the market with.
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