12-20-2018, 10:40 PM
So, to continue from the other thread.
"I don't know guys, I don't know. Sure, there are some good opportunities out there right now... I agree with that.
But I have a feeling that this correction is far from over. "
So obviously a lot of people here are starting to buy now. But how do you decide between buying now and waiting? Do you have some sort of a rulebook? Just go by the feel?
Personally I have always bought stocks monthly from my salary and that will of course continue. I have a, what I consider pretty decent, amount of cash saved up for a situation like this. I haven't touched any of it yet but it's starting to look like it's time to start soon. But as I said I have a feeling that this correction might go on for a while so I'm certainly not in a hurry. I'm thinking of maybe taking 3% from the backup fund and throwing it at a couple of good stocks? That would more than double my regular monthly buy at this point and still leave me with a lot of cash for later.
But I'm just thinking out loud here. What are you guys planning on?
"I don't know guys, I don't know. Sure, there are some good opportunities out there right now... I agree with that.
But I have a feeling that this correction is far from over. "
So obviously a lot of people here are starting to buy now. But how do you decide between buying now and waiting? Do you have some sort of a rulebook? Just go by the feel?
Personally I have always bought stocks monthly from my salary and that will of course continue. I have a, what I consider pretty decent, amount of cash saved up for a situation like this. I haven't touched any of it yet but it's starting to look like it's time to start soon. But as I said I have a feeling that this correction might go on for a while so I'm certainly not in a hurry. I'm thinking of maybe taking 3% from the backup fund and throwing it at a couple of good stocks? That would more than double my regular monthly buy at this point and still leave me with a lot of cash for later.
But I'm just thinking out loud here. What are you guys planning on?