Keep the Cash
We wish we had seen it coming. The rally after the fall. If we did we could have made a ton of money with the markets having more than doubled since its lows of 2008. At the time of the huge correction the investing community was divided into three: 1 .The Cynics - These guys had resources to invest and take advantage of cheap valuations. They however believed that the market could see further downside and there was no recovery in a long long time. They probably had lost money already with existing investments and were unwilling to commit more. 2.The broke bunnies - These were investors who lost a great deal of their wealth in the stock correction, had no cash in hand or other assets that they could liquidate to buy stocks at the huge discounts they were available at. 3. The gold hunters - They were people with the cash and recognized deep value in the markets. They jumped in to take advantage of falling prices. The great Indian stock sale was too good to be true and our hunters lapped...