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3 Reasons I'm Hoarding Cash Instead of Buying Stocks Right Now

Since the market bottom on March 23, the S&P 500 has rallied as much as 35% in a little more than a month. The tech-heavy Nasdaq, meanwhile, gained as much as 40% since its bottom, and was even in positive territory for the year before a recent pullback. Shares of Wayfair (NYSE: W), the online home goods seller, skyrocketed more than 800% from trough to peak in just a matter of weeks. Read More...

3 Reasons I’m Hoarding Cash Instead of Buying Stocks Right Now

Since the market bottom on March 23, the S&P 500 has rallied as much as 35% in a little more than a month. The tech-heavy Nasdaq, meanwhile, gained as much as 40% since its bottom, and was even in positive territory for the year before a recent pullback. Shares of Wayfair (NYSE: W), the online home goods seller, skyrocketed more than 800% from trough to peak in just a matter of weeks.

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