Do what I did prior to 2008. Save cash out the yaazoo. THen when the recession bottoms out, buy mutual funds out the yaazoo. I've made a killing just over the last six months, and have only pulled less than 5% of my 2008-2012 investments.
Personally, I don't see any chance of a recession that will matter, until sometime after 2020 at the earliest. Yeah, we'll have a few mini-drops and that's normal. But the earliest I see the next "big one" possibly coming, is after 2020. I won't get into any political discussions of why I see it that way, as that is not the purpose and intent of this public form.
