January 13, 2020. Sell high. Buy Low. How many times over the years have we suggested you buy stuff when it is ON SALE.
We are expecting a minor pullback. but we are NOT expecting a recession….at least not in the near future. So some big gainers have been sold with the expectation that we can buy positions on sale. The Core Portfolio now has a 12% cash position.
Will the pullback occur. Maybe not. But we like to reduce risk when possible and will make adjustments when and if needed.
Here is an excellent article talking about the current status of the financial markets. http://www.realinvestmentadvice.com is one of the best free money oriented sites that we have found.
Let me state clearly, we did not “sell everything” and go to cash. We simply reduced our holdings to raise cash, and capture some of the gains we made in 2019. When the market corrects we will use our cash holdings to either add back to our current positions, or add new ones.
The cover of the soon-to-be-published book, Profiles in Corruption: Abuse of Power by America’s Progressive Elite, was revealed by Axios’s Mike Allen on Thursday
It has also been revealed that the book will expose the “Biden Five,” a group of Biden’s family members beyond son Hunter Biden who have siphoned tens of millions of dollars from taxpayers and from guaranteed loans. As Breitbart News reported, the Burisma Ukrainian natural gas company scandal surrounding Hunter Biden that was at the center of the House Democrats’ partisan impeachment push in Congress is just “the tip of the iceberg” when it comes to Biden corruption, and much more will be exposed in this book.
Whack job liberal takes lead in Iowa.
Sen. Bernie Sanders (I-VT) has taken the lead in Iowa less than a month ahead of the February 3 caucus, a CNN/Des Moines Register/Mediacom poll released Friday revealed.
These ultra liberal whacko Democraps are really NUTS:
“A Steyer Administration will … ensure that all undocumented communities have access to affordable and safe housing,” Steyer said in his immigration proposal.