Quote:
Originally Posted by AltonKelsey
Yeah, probably better to let the market go up 4-5% before putting that cash to work.
No need to rush things.
Todays massive 55 SPX point rally probably be reversed tomorrow on the next tweet .
good work!
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Plus the fed could say next week they want to raise rates a quarter point. Down goes the market. Then trump says he is relaxing the tariffs. Up goes the market. Meanwhile, nothing has changed -- just the noise.
That's why Buffett is successful. His favorite length of time to hold a stock is forever. In the long run, nothing trump or the fed says today matters.