10-10-2016, 12:19 PM
(10-10-2016, 10:24 AM)rayray Wrote: I never had cash on hand in the past, but what helped was never letting up on regular investing through tough times. This time I have 20% in cash, I was up to 30% but have since allocated 10% back into the market.
My belief was that I never had "ENOUGH" to hold a cash position, even 20%. I felt like, what's the point? Might as well be fully invested.
I feel the same, now I have quite a large amount of cash standing by but it's for downpayment on a house, not necessarily for investing. But I don't mind using a part of it in case a correction comes. And margin accounts are awesome for buying the dips.