A look at my list of top 20 funds shows that GovernmentCashReserves is #07. When a fund which never goes up or down and is only paying 0.01% is one of the top 20 funds of the 130 funds I follow, there are very few funds to buy.
IBD TBP’s Market Pulse is “Confirmed Uptrend ” as of 02/17/16. Not a time to buy yet since I want to wait a week to see it the trend changes. Bear markets generally have a couple of weeks of good uptrends until the correction starts again. IBD is rather positive that perhaps this time the confirmed uptrend will last.
My current investments:
IRA#1 and IRA#2
GovernmentCashReserves
IRA#2
GovernmentCashReserves
My portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My portfolio market exposure after this weekend’s changes:
IRA #1 – 00% invested
IRA #2 – 00% invested