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Weekend Investment Reading – Selling Into the Rally

Amazing.  Just amazing.  The stock market is on track for the 8th straight week of gains and for those who are mostly long investors (pretty much everyone), it is great news.  I’ve been trimming my positions to get ready for a purchase of a home in the next 6-12 months, not to mention that when your portfolio takes a 60%+ leap, you take money off the table.

At this point, I’m 50% cash and I will be selling as it continues to rise.

Note that even though I’m generally selling my positions, I may still be buying different stocks in the meantime to try catching short term moves so it’s not all “sell sell sell”.

Personal Finance Article

Carnival