MichealKnight
Full time employment: Posting here.
- Joined
- May 2, 2019
- Messages
- 520
Greetings and Salutations....
I ER'd 9 months ago (46) and have taken my time getting the investments put into place. Right now I'm 45% stocks. 5% bonds. 9% rental homes. 41% cash. Of course I don't plan to stay that way....but it's not been easy buying homes and I don't want to rush and jump into stuff.
Like most - I"ve seen a nice run-up this year in stocks and I know - it's not my talent, it's just been timing and frankly - what I consider funny-money but I'll take it. In my previous life - I've always failed at stocks. Always sold in panic during a crash, only to see the subsequent rebound , and knowing I missed out.
I'm bracing myself- if this thing gets worse I may see tons of red ink soon so I guess, I'm here- asking for what I know will be the answer, but I guess I need to hear it from people here.
If there's a 5, 10, 20% dip in the stock market soon.....will you sell, hold, or add?
Thanks
I ER'd 9 months ago (46) and have taken my time getting the investments put into place. Right now I'm 45% stocks. 5% bonds. 9% rental homes. 41% cash. Of course I don't plan to stay that way....but it's not been easy buying homes and I don't want to rush and jump into stuff.
Like most - I"ve seen a nice run-up this year in stocks and I know - it's not my talent, it's just been timing and frankly - what I consider funny-money but I'll take it. In my previous life - I've always failed at stocks. Always sold in panic during a crash, only to see the subsequent rebound , and knowing I missed out.
I'm bracing myself- if this thing gets worse I may see tons of red ink soon so I guess, I'm here- asking for what I know will be the answer, but I guess I need to hear it from people here.
If there's a 5, 10, 20% dip in the stock market soon.....will you sell, hold, or add?
Thanks