With the U.S. stock market recently hitting new all-time highs, it’s no surprise that many investors are wondering: Should I take some gains off the table and move to cash?
It’s a question that surfaces every time markets surge—and it’s one that deserves a thoughtful answer.
Right now, headlines are filled with mixed signals. Inflation is still lingering, interest rates remain elevated, and economic data is sending conflicting messages.
For many, this creates a sense of unease. The temptation to “lock in gains” and wait out a potential downturn in cash can feel like a safe move. But history tells a different story.
In a new episode of The Long-Term Investor podcast, Plancorp’s Chief Investment Officer Peter Lazaroff breaks down why moving to cash at market highs is rarely the right call. He explores:
- The behavioral traps that lead investors to sell too early
- Why market peaks often precede further growth—not declines
- How a long-term strategy rooted in planning and diversification can outperform reactive decisions
This episode is especially timely for anyone feeling uncertain about what to do next. If you’re searching for clarity in today’s market, this is the conversation you need to hear.
Listen below or wherever you stream your podcasts.
