Do you see how hard it is to time the bottom?
I have stated before that I am buying every time the market tanks because i don't really know where the bottom is. It's also nice to be in 41% cash. BTW, this is a 401k account.
Posted by
Unknown
at
6:53 PM
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.
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