07-26-2016, 07:34 AM
I still continue to save 2/3 of my income every month and still enjoy a happy lifestyle. Even with this saving rate, I've only made 2 purchases since March.
Part of not purchasing much is due to unforeseen expenses. I tore some ligaments in my knee playing soccer in April and had surgery in May. The surgery, MRI, doctors, physical therapy, etc cost $2k, so that put a dent in my savings/investing rate. I'm glad I had good insurance through work, otherwise it would have been $12k.
Part of not purchasing much is due to current market valuations. I haven't sold any positions, but it is really hard to find even fairly valued companies in today's market. My cash reserves are starting to pile up.
While I haven't done much buying, I'm still actively engaged in the markets. I have primarily been improving my financial literacy by studying financial statements, etc.
Part of not purchasing much is due to unforeseen expenses. I tore some ligaments in my knee playing soccer in April and had surgery in May. The surgery, MRI, doctors, physical therapy, etc cost $2k, so that put a dent in my savings/investing rate. I'm glad I had good insurance through work, otherwise it would have been $12k.
Part of not purchasing much is due to current market valuations. I haven't sold any positions, but it is really hard to find even fairly valued companies in today's market. My cash reserves are starting to pile up.
While I haven't done much buying, I'm still actively engaged in the markets. I have primarily been improving my financial literacy by studying financial statements, etc.