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Old 12-08-2012, 12:34 PM   #36
tock172
Beachtown Bill Collector
 
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Join Date: Jan 2011
Location: San Diego
Posts: 2,885
My Ride: '99 Techno Violet M3
Quote:
Originally Posted by evolved View Post
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).
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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1999 Techno Violet Metallic BMW M3
2005 Audi B6 S4 quattro 6MT
2004 BMW 330i
1986 BMW 535i

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