I'm definitely sitting on the sidelines for now.

I learned a lesson that may or not be applicable. When we were in the beginning of the 1st gulf war, August 1990, I went all in. The Dow was at 2000. At that time conventional wisdom said it could never, ever get over 10,000.

Kev posted about if the Dow could ever reach 11,000 about a year ago, or less? Before this, when the Dow was at 7700 my brother (Mr. Banker) said get the hell out. So I bought back in.

A whole lot of luck and I am definitely just continuing the basic dollar cost monthly put back, but there might come a time in the next year or so and around the presidential panic (maybe when a Dem wins and says we got to play with the tax giveaways) when I take another chunk and go right back in.

Mutual index funds and you dont have to be an expert if you dont have the time. I cant compete with the mad money guys, I have not the time or interest.

pma...smart move.
If you have the feel for it, check out the commodities. I'm looking at soybean futures, especially due to the honeybee die offs.