"My name is Steve Reitmeister. My friends call me Reity. And I
am a complacent investor."
You see, during this nearly 5 year old bull market there have been
many false scares. Sometimes it was just soft patches in economic
data. Sometimes it was the idea of a debt crisis in Europe. Or our
governments bungling of US debt negotiations. Yet all proved
to be nothing more than a distraction and the bull rally rolled on.
So this year I responded to this by tuning out most investment
news outlets. Especially those that focus on fear and
sensationalism. My feeling is that until their is a recession
afoot, then best to keep pressing long with the prevailing trend.
You can call this the "complacency strategy".
The biggest problem with this strategy is that it's working far too
well. Meaning that I haven't gotten defensive at any point this
year. And thus have been 100% long for every bounce and leg higher.
This has ballooned the size of all my investment accounts.
This is a problem, because I know at some point this bull party has
to end. And complacency will be my worst enemy.
I would like to know if you too have become complacent? And what is
the solution for complacency and yet still ride this bull market
out to its full conclusion???
SPDR-DJ IND AVG (DIA): ETF Research Reports
ISHARS-R 2000 (IWM): ETF Research Reports
NASDAQ-100 SHRS (QQQ): ETF Research Reports
SPDR-SP 500 TR (SPY): ETF Research Reports
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