Readers, I am ashamed to admit that, having failed to find a suitable investment target in August (see here), I have still not invested the money sitting in my selftrade account. Worse, I have since opened a trading account in the US and have failed to invest that money either.
I know one should not be afraid to hold cash in uncertain times but this is getting ridiculous.
If I believe that stock markets in general (in the UK and US, at least) are probably over-valued, I'm torn between spending some considerable time identifying individual stocks I regard as under-priced (like I did, by accident, with Morrison's - although not immediately...) or investing in a different asset class or using a different approach. Which? I'm not keen on anything that requires active management... so no short term shorting strategies, etc.
Perhaps I should just put it all under the bed.