Quote:
Originally Posted by viewguysf
I pulled all of my investments out of the stock market at that time.
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A lot more should go into that decision than your prognostications for the economy such as (1) capital gains taxes, (2) loss of yield (you aren't getting much on your cash), (3) your degree of certainty that you will get back in at the right time.
Personally, I prefer to be widely diversified (as to asset classes as well as specific equities) in high-yielding holdings with solid balance sheets and not pretend I'm smarter than I really am.