For JeffreyAlan
Posted: Tue Apr 09, 2019 3:00 pm
In the Stock Scream Room, you wrote
The OP writes on the current page -- page 7 -- how he's doing since he sold and went to cash...though he occasionally dabbled in other stuff.
https://www.bogleheads.org/forum/viewto ... 5#p4484665
Check out this long-running (2015) Bogleheads thread, Selling all equities, discuss why I'm wrong.The case for 100% cash is a lot stronger than 100% Gold or Stocks IMO. 100% stocks could easily lose you 50% in a year and make take many, many years to recover. Cash will not ever do that to you unless you are talking about runaway inflation. Correct me if I am wrong on that.
When I say I think about going to cash, I don't mean for a certain period of time and then trying to jump back in. I am thinking of going to cash permanently. I often think instead of putting my money at risk (even if it is a small risk) squeezing a 4-6% return out of the Desert Portfolio, why don't I just keep my money in 2.5% bank accounts and Treasury bills and focus on trying to save more, cutting my cost of living, having no debt, buying things in bulk, taking advantage of special bank offers of promotional rates, working an extra hour of overtime each week? Those would be certain returns instead of hopeful returns.
The OP writes on the current page -- page 7 -- how he's doing since he sold and went to cash...though he occasionally dabbled in other stuff.
https://www.bogleheads.org/forum/viewto ... 5#p4484665