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by shostack 3661 days ago
Isn't that in essence trying to time the market?
1 comments

On the other hand it is buying low and selling high. It's a fool's errand to try and sell at the exact top (or buy at the exact bottom), but if you're already up nicely you have done the hard part.
Sure, but you're still trying to time the market.
Yes you are trying to time the market but interest rates cannot go any lower, literally.

In hindsight, it will have looked obvious.

Actually, they can go negative like Japan. Which I guess would push asset prices even higher?