Here are the problems with investment newsletters.
#1 If they are too early on a call, they aren't early; they're wrong.
Casey Research is one such newsletter organization that is way too early on their calls for a major market catastrophe. The numbers just don't add up yet.
If you had been following their advice and got out of a chunk of your broad stock market positions a couple of years ago, you would have missed an eyes-closed easy 40-50% increase if you had just stuck with something like NYSE:SPY.
#2 all of their publications that aren't paid are designed to be advertisements for their paid material.
#3 they generally like to sell you worst case scenarios, because "set it and forget it until something changes in a year or more" just isn't very sexy. But as I've learned, it's been hands down the most lucrative strategy for the past 5+ years. One day it WILL change, but until the numbers add up, set it and forget it is simply the way to go.
Now that we are making new all time highs, the question is: how much should I deploy if I have spare cash sitting around?
My gut says to keep minimal cash and buy as large a chunk as you can muster right now before this thing takes off on us again (and I believe it will). Despite the fact that stocks are overvalued, bonds still aren't giving any yield.
Stocks are a lot like housing right now. We're in "seriously?" Territory. It's the wall of worry. Its been a very very long and high wall, which we will not be done climbing until the economy significantly improves for the "bottom 98%".
