"Don't Sell Equities When They're Down"

[TheWizard]

Decades ago I went thru a business degree program and took a seminar on portfolio management. Professor basically walked us thru a process to build up a statistical model using linear algebra concepts for portfolio management.

I’m a math geek (minored in math as an undergrad) and still use that model today to inform buy, hold, increase/decrease position and liquidate decisions.

In contrast, I use the voices in my head to make those decisions...

 

[Koolau]

In contrast, I use the voices in my head to make those decisions...

I ignore the math AND the voices - I just let it ride in the funds I chose 20+ years ago.

I'm guessing those doing the math and listening to the voices also did quite well - especially since 2008.

 

[TheWizard]

I ignore the math AND the voices - I just let it ride in the funds I chose 20+ years ago.

I'm guessing those doing the math and listening to the voices also did quite well - especially since 2008.

I pretty much leave "old" investments alone, especially in my taxable account.
But I have a few thousand dollars of new money going into that account most months, so what do I buy this time? More VOO? More VGT? Something else?

 

[Koolau]

I pretty much leave "old" investments alone, especially in my taxable account.
But I have a few thousand dollars of new money going into that account most months, so what do I buy this time? More VOO? More VGT? Something else?

I haven't had any "new" money for so long, I've kinda forgotten what that's like. These days, I'm only taking from my investments. Of course, with RMDs that's a given, but I take even more. Still, with the markets as they are, I can't seem to lower my balances. (I guess that's my "new money" at w*rk).