I took Scott Powell's "Crash Course on the Coming Crash" and I have to say I recommend it highly. I didn't get to participate much in the class due to technological issues (I was at my parents' house in Michigan and had company drop in WHILE I was taking the course). The first result of this course was to send an email to my financial planner and sell my sizable municipal bond holding. I've made a pretty good tax free profit on it so far. The risk, unfortunately, is much higher then I was led to believe. Nick, my planner, is in complete agreement about getting out of the market. His reasons include the cash being infused in the QE2 plan by the Fed. I'm not sure when the bubble will burst so it is time to leave now.
The question I'm trying to figure out next is what to do with the cash. Keeping it as cash is a bad idea (especially dollars). Gold is for retaining value and is expensive now (though could go much higher). I would rather invest it somewhere. I just started "Crash Proof 2.0" so maybe I'll find some advice in there.
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