Time to Move to Cash?

by Bespoke Investment Group

You typically see articles like the one below when the market is in the middle of a nasty bear market. You don't normally see them at a time like now when the major indices are just a couple percentage points below the highs of a multi-year bull market. Such is sentiment in the post-financial crisis era, however, as individual AND institutional investors fear armageddon anytime the slightest bit of negative news comes out. An article titled "Is it time for you to move to cash" should have investors asking themselves if it is time to move into stocks. It will likely take a long time for investors to begin to trust the market again enough so that they'll be willing to have the majority of their holdings in equities. When that time comes, it will be cause for concern, but we don't think we're anywhere near there now. The old adage that the market climbs a wall of worry couldn't ring more true than it's ringing today.

See the original article >>