"Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it."
I am having problems sleeping so I decided to start Wednesday's thread a little early. I hope you guys don't mind. Have you noticed that every where you read and whatever channel you watch, analysts are talking about the Dow setting new record highs? They are even saying it is going higher too. Doesn't this make you nervous? It makes me very nervous... Maybe it's time to become a little more defensive with our trades? Maybe take some profits and go to cash? I am pretty much in cash except for my income generating investments. It's time to take a breather. What do you guys think?
With all this interest free money swirling about... I often wonder if we are going down Credit Bubble Road.