Up? or Down?

According to CNBC the stock market could go up or down by the end of the year.  Wow, I'm glad they told me that.

As CNBC says:

FAST - that's probably true

ACCURATE - well, it will go up or it will go down so one of those will be accurate

ACTIONABLE - someone please tell me how you can create an actionable plan based on this

You have 90% of the investing public out there listening to CNBC giving you this kind of "actionable" information.  No wonder so many people really don't have a plan.  Because we cannot predict the future and tell where the market will be in 4 months, we have a documented, systematic plan at Rivah Capital that is dynamic in that it will adjust to market conditions.  

I have stated a number of times that I do believe we are 10 years into a 13 - 17 year secular bear market but that does not make me a permabear.  There will be times when we want to be in stocks and times we want to be out and our strategy allows us to do that.  And if we are on the wrong side, we cut our losses and get on the right side. 

Ask yourselves, do you have a plan?

--
Jason M. Martin, CFA