We have been saying this all month. That … if we were new, we think that cash would be an excellent position to be in for the month of September.
With the market down 37 points this morning, that’s not looking like such a bad idea right about now is it? Cash can be somewhat … comfortable … as a position. Like a big ol’ fat money couch, from whence you may casually observe the mayhem of the markets.
Because at the time of this writing, simple ‘cash’ as a position is beating the market for the month of September by 1.71%
Sometimes … … sometimes doing nothing, is the best action you can take …