Oz investor
Full time employment: Posting here.
this probably off topic but might provide some food for thought
11 Stock Market Crises Over 148 Years: What Does The Data Tell Us?
https://www.sharecafe.com.au/2020/0...es-over-148-years-what-does-the-data-tell-us/
*** In contrast, the drip-feeding approach is a bit like “buying low” but with the humility to accept that we have no idea when the lows will occur. “Buying lower” (than before) might be a better description. In the remainder of this article, we assume that this is the approach taken in the double-down response. ****
this is closest to my approach , i have been taking profits at sensible times all throughout the last nine years , i think 120% (plus ) is always a good time to CONSIDER reducing that holding .
i have a small amount of reserve cash and will look to invest it CAREFULLY as this scenario progresses , but i did buy a fair bit during March
why so little in cash ??
i have concerns about the banks over here with the banks limiting withdrawals when the stress really bites
money locked in the bank paying trivial interest is no help to my finances
11 Stock Market Crises Over 148 Years: What Does The Data Tell Us?
https://www.sharecafe.com.au/2020/0...es-over-148-years-what-does-the-data-tell-us/
*** In contrast, the drip-feeding approach is a bit like “buying low” but with the humility to accept that we have no idea when the lows will occur. “Buying lower” (than before) might be a better description. In the remainder of this article, we assume that this is the approach taken in the double-down response. ****
this is closest to my approach , i have been taking profits at sensible times all throughout the last nine years , i think 120% (plus ) is always a good time to CONSIDER reducing that holding .
i have a small amount of reserve cash and will look to invest it CAREFULLY as this scenario progresses , but i did buy a fair bit during March
why so little in cash ??
i have concerns about the banks over here with the banks limiting withdrawals when the stress really bites
money locked in the bank paying trivial interest is no help to my finances