I'm sitting at my in-law's pool and kind of bored. I'm trying to think of some hot take but reality is most of my takes rn are pretty boring.
Best FI moves rn are defensive carry. Trying to hit a HR in here (in just about any asset class) will prob get you killed.
Best FI moves rn are defensive carry. Trying to hit a HR in here (in just about any asset class) will prob get you killed.
A good investor knows when it is time to just be boring. Now is one of those times.
It's easier said than done though.
It's easier said than done though.
BTW when I say be defensive and don't make big moves, I consider going to cash a big move. Who knows how long this bubbly environment lasts? If you go to cash the FOMO just gets stronger every day the mkt doesn't go down.
If you do go to cash, you need a very defined thesis and time horizon. "Mkt is too expensive" as a thesis is a disaster waiting to happen.
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