After brief review of our stock investments over the weekend, I've decided to continue taking profits on stocks that have gains and are near the top of their trading channel for the past six months. Although the market has rallied nicely for the past 2 months, I believe there too much complaceny and the economy is only one event (e.g. poor jobs number, debt ceiling/sequester stalemate, sovereign debt default) away from a major downward shock.
So I am further reducing our equity exposure. I may end up losing out on some profits, but I will sleep better at night.
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March Income $1999.90
2 weeks ago
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