"IMO, you should be figuring out where to spread your fiat"
Other than PM's and cash, where else is there? I am hearing talk today about another possible credit downgrade coming very soon. Tomorrow I am selling the rest of my equities (Except for SLW, GLD, and ETP) and staying in cash pending debt ceiling resolution
What if you knew our government was going to pass new healthcare laws. Regardless of whether you agree or disagree, you knew they would go into effect.Then the law is passed but will gradually be worked into the system.
Would you buy a broad range of healthcare companies who would stand to benefit?
Well guess what. They told you. And this past year you should have benefited,and still can.
Rather than sound like a Monday morning quarterback,I'll leave you to your own devices, but, keeping cash is about the last thing you want to do.
Even a caveman can do it.
I'm not holding cash indefinitely, that would be bad. I am just holding it until the knock down drag out fight on raising the debt ceiling comes into full view. Then whatever you just bought in the way of healthcare, like VHS or HCA for example, are going to be far cheaper and I will swoop in and clean up. Hopefully just slightly before they pass something.