I have transferred 80% of my mutual funds from stock funds to money market funds with 20% left in a real estate fund which means I won't make or lose any money in the 80% of investment. I can gamble the rest of 20% with the housing market which I think it will continue to climb for one or two years.
The Dow went up another 200 points and S&P went up 22 points since I posted my last diary on 05/08/2013.
My heart is getting weaker and my balls are getting smaller when I am getting older. I need to take some Cardio medicine or Testosterone shots if I need to stay in this market, especially when everybody is cheerleading the bull market. It is like gambling in the casino, you need to know when to stop.
Hopefully, I made the right decision. I may be a sorry ass three months from now; unfortunately, I don't have the crystal ball.
I have made a lot of money from the mutual funds for the past two years. I would rather be safe than sorry. Btw, I just changed my middle name from "Greedy" to "Grateful", in case you guys are not aware of it.
Last but not least, I hope everybody makes big bucks in the stock market and gets laid tonight.