Bad Timing? (bond, balanced fund, dividend, stock)

[old_cold]

We always seem to be in the wrong place at the wrong time.
We now have funds available from a callable bond that got called.
Retired....skittish and conservative.
Looking at balanced funds and their history and see that, at the moment, we might well be doing the "buying high" if we get into one now.
I know it is like asking for predictions but would it be more advisable to stay more liquid and wait a little while for a possible downturn than jump in on what may well be the top of the ladder right now?

Maybe it does boil down to asking for predictions?

[Hugh H]

No one can time the market, but if I had to bet I would say the "sell in May", "summer blues", etc will soon be felt. This happens pretty much every year, although the Fed's QE makes it harder to predict how markets will react.

[Listener2307]

Look into monthly dividend payers. First one I would pick is PFF, a preferred stock index, which pays about 5%. There are plenty more out there, though.

[acegolfer]

It's not about timing the market. Instead, it's time IN the market.

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[petch751]

Originally Posted by acegolfer

It's not about timing the market. Instead, it's time IN the market.

Sent from my Nexus 4 using Tapatalk 2

huh.. I like that.