128 years of trading and today was a record high. Dow closing in on 40,000, S & P solidly over 5,000
Boom times for investors. Its really hard to lose money in the stock market right now although I managed to do so in Jan-Feb.
What a great run this has been.
Is this run going to continue? Is this a secular bull run? or a cyclical bull run? Secular bull markets can last 15 years. A Secular bull run is a continued record breaking of all time highs with only gentle corrections. A Cyclical bull market is where the market reaches all time highs then suffers a rapid decline, these cycles can run for three years before the collapse.
Im staying in , but as they say in boxing, protect yourself at all times. This is the time to be smart. Be smart.
Safe? I don’t know the meaning of the word safe.
I don’t know the meaning of lots of words
I remain fully invested. According to Investment Company Institue there is still almost $6 trillion held by retail ( 2.4 trillion) and Institutional ($3.6 trillion) investors in money market funds.