RetirementColdHardTruth
Recycles dryer sheets
Looks like my move to cash at the end of last Thursday is going to pay off again. My cash position will be put to work in chunks again as we pull back 10% from recient highs.
This will be the 3rd time I have cycled 40% of my porfolio from cash to stock and back again. selling on the rips and buying on the dips seems to work nicely if you are willing to sit on cash or cash equivilent investments for long periods of time. Just make sure you don't find yourself chasing stocks feeling like you are missing out. If you miss the run there will be another oportunity while Greece is still a country.
I think there is some serious hype still goimg on that makes the market swing wildly.
This will be the 3rd time I have cycled 40% of my porfolio from cash to stock and back again. selling on the rips and buying on the dips seems to work nicely if you are willing to sit on cash or cash equivilent investments for long periods of time. Just make sure you don't find yourself chasing stocks feeling like you are missing out. If you miss the run there will be another oportunity while Greece is still a country.
I think there is some serious hype still goimg on that makes the market swing wildly.