Great up. Sounds like you are putting your financial wizardary to good use! I am expecting this current strong bull channel in the indexes to go pop at some point, maybe during the next tightening cycle. However when that happens is anyone’s guess? Could be another year or two, depends on whether the new Covid economy starts firing up. I don’t know what you think about using Cash with a growth stock portfolio. I am leaning to accumulating more for the next pullback rather than DCAing..?
Personally I'm planning to build cash. I'm leaning towards the idea that i might be better served by buying 2 or 3 times a year when the folio os feeling the pain...
End of October has been a a decent chance to buy over the last few years. Might be the same again, but we'll see.
Yes indeed. Over the last year there was lots of opportunities to buy our favourite stocks at a discount. I wonder if Peter Lynch’s comment about more money being lost waiting for a correction than not, actually applies to really volatile stocks. Certainly these seem to sell off for silly reasons, visa vie Roku recently... let’s see. At least we will be ready come what may.
Great up. Sounds like you are putting your financial wizardary to good use! I am expecting this current strong bull channel in the indexes to go pop at some point, maybe during the next tightening cycle. However when that happens is anyone’s guess? Could be another year or two, depends on whether the new Covid economy starts firing up. I don’t know what you think about using Cash with a growth stock portfolio. I am leaning to accumulating more for the next pullback rather than DCAing..?
Thanks!
Personally I'm planning to build cash. I'm leaning towards the idea that i might be better served by buying 2 or 3 times a year when the folio os feeling the pain...
End of October has been a a decent chance to buy over the last few years. Might be the same again, but we'll see.
Yes indeed. Over the last year there was lots of opportunities to buy our favourite stocks at a discount. I wonder if Peter Lynch’s comment about more money being lost waiting for a correction than not, actually applies to really volatile stocks. Certainly these seem to sell off for silly reasons, visa vie Roku recently... let’s see. At least we will be ready come what may.
Nice overview of your personal finance. Appreciate the transparency!
Thanks for reading Shane! I appreciate it!