Jeffrey Saut, Chief Investment Strategist at Raymond James, appeared on CNBC and made this statement on December 27, 2017. He believes we are in the second leg of a secular bull market, but he indicated that individual investors have cash on the sidelines to wait for opportunities. CNBC anchor Melissa Lee asked what would bring them off the sidelines and back into the market. His answer, “greed always brings back the individual investor.” Words to live by … be careful with this bull market! Don’t get greedy!
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