The market is expensive, take some money out...
Sit on cash for a while...
Wait for the right time to get back...
At least book part profits...
Stock market investors are familiar with these chants. Every time the market scales new highs, all-knowing pundits unfailingly start chanting these slogans. Now, it is the turn of mutual fund advisors. Several mutual fund advisors are busy handing out such advices to their clients, who are nervous about the current market.
