[quote=carlsbadworker]Just finished reading Rich’s latest investing article, I concur.
My answer to “Why not go to cash” is much simpler though.
Four words: I could be wrong.[/quote]
I agree with that, but I think it goes beyond that… even if you’re right (ie there’s a bubble and it eventually bursts) there are a lot of ways the “go all to cash” thing could backfire.
Certainly, though, your four-word summary is a great thing to always keep in mind.
