Although I have enjoyed the stock rally, it looks, feels and smells like a bear market rally. Some of my beaten up stocks were up 10, 25 and even 120% on Friday. So I'm taking this opportunity to lock in some profits by selling. If the market continues to rally, I will continue to sell the total market ETFs that we acquired over the last two months.
I expect that I will be able to buy back at lower prices when the bear market continues with its next downward leg in the next couple months.
For more on Strategies and Plans, check back Mondaysfor a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2016 Achievement Catalyst, LLC
Monday, March 07, 2016
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