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| I had my 401k 100% in s&p up untill a year ago when I retired from my job in town.
I rolled it into a Vanguard IRA, but when I looked at the Shiller P-E decided to leave it in cash/ money market.
I've missed a 25% return but as I watch the indexes go hyperbolic, I don't feel so bad.
Warren Buffet said the first rule is don't loose the money.
It may be impossible to time the market but I will stay in cash until the P-E ratios are more rational.
I sleep well that way even if I am wrong.
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S&P 500
