Any thoughts if it makes sense now that interest r...
# general
c
Any thoughts if it makes sense now that interest rates went up to be more conservative and sell some stocks/ Index funds for a profit and invest in CDs
m
This is a great question! I've been thinking about this question a lot lately because I keep being asked about it. In short, I think someone who planned to invest x percent in equities should continue to invest x percent in equities regardless of current CD rates. This is my opinion given that you don't know what days are going to be the big market jumps, and you don't want to miss them. Here is data to backup what happens when you just miss a few days https://www.fool.com/investing/2019/04/11/what-happens-when-you-miss-the-best-days-in-the-st.aspx
m
^^^^ This
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c
Thanks all
c
YTD the market is up about 16.5%, well over 5%