What is the safest place to move your money after you sell stock shares during a market correction?

I have an aggressive mix of stocks, including a couple of mutual funds and an exchange-traded funds (ETF). Where is the best place to move my money after I sell shares of these stocks during a correction?

Investing, ETFs, Mutual Funds, Stocks
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February 2018

The "safest" place to hold your funds would be in an FDIC-insured account.  I'd recommend using an on-line bank as their rates tend to be higher.

Also, be careful about trying to "time the market".  I have yet to see someone who has successfully done so (moving out and back into the market at the "right" time) consistently.  I'd recommend finding the asset allocation and risk profile that works for your risk tolerance and capacity, then rebalancing periodically.  Studies have shown this to be the best long-term investing strategy.

Best of luck to you!

February 2018
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February 2018