Sold all of my small cap ETF today. Made 30% in 18 months......I'm happy.
Also, because my Fidelity account is platinum, I get an Am Exp credit card that pays 5% back and is deposited in my brokerage account. I use the card to pay for airfare, groceries, gas, hotels, ski passes, property taxes, real estate and auto insurance, Amazon, doctors and dentist, bar tabs....,you name it. Anyway, the money was deposited this morning......what a good deal!!!!
Now, where do I put my 30% profit? Markets at all time highs....Trannies at all time high (Dow theory).
Maybe I'd just better wait in the weeds for a few weeks or hide out in an ETF like DBL or BOND.
All of my other stuff is at all time highs too, so don't care to add to them.
Hey! challenge, that's a nice looking fund. It goes on my "to do" list. Only problem is I use three different brokers and the only one that offers it NTF is Vanguard and they have a nasty rule where they will impose a fee if you don't keep the fund for at least 6 months.
My thinking is, maybe big caps will do a little better than small ones for the next 12 months or more; but sometimes I've been wrong.....not very often....I think i was wrong in 2003 or maybe 04, can't remember which.
Anyway, thanks for the heads-up.
"...guess that tells you my sentiment." Looks to me your sentiment's on target. If a correction was in the offing then this weekend's news should've triggered it, even with the cyprus vote postponement. Imo. Tough period for us to get a correction anyway. As i recall this is usually a heavy period for funds to go into ira's, up until tax day, and much of those funds usually wind up in the stock market. How much is dependent on player sentiment.
Yep, sold a little too soon......coulda made a bit more. Anyway, i put some some of the dough into GPIOX, which is a small/ micro cap fund with a lot of foreign. A new fund with great managers.
I'm also looking at PIXDX ...nice returns, but very taxable. My IRA is filled up with Scout, Met West, Hormel and Nestle, so I'd have to buy in one of my taxable accounts. Still thinkin' about it.