03-07-2021, 11:21 PM
(03-07-2021, 11:08 PM)ken-do-nim Wrote:(03-05-2021, 02:15 PM)EricL Wrote:(03-05-2021, 10:02 AM)kblake Wrote: That's the democrats plan. Take away our retirement plans so we're dependent on them. Who voted for this guy lol. All our retirement will be gone at this rate in a month lol
Anyway... I added to CRWD, XEL, GOLD, AAPL, and LMT
I'm down to like 5k now to spend lol
Question. For guys like Eric who have no cash ON hand. How do you stomach bad weeks or months like this and cant add to holdings like CRWD, CRSP, NTLA and PACB?
My trading account is a pretty small portion (less than 10%) of my overall savings, so its more for fun than anything I take too seriously.
I stay fully invested with my accounts because history shows that the stock market is up more often than not. I've learned I'm not a good market timer, so I just buy what I like and let it ride. I miss out on adding on dips, but for the most part I think it's worked out fairly well.
Are you saying 90%+ of your savings are in cash (as in, bank accounts)? Or am I misunderstanding?
No, what I was saying is that my trading "fun" account is less than 10% of my savings. I have my public DGI portfolio, stocks in an investment club, a ROTH IRA, 401k, etc.
Cash savings are about 2% of assets. I have 20+ years until retirement, pretty much whatever is investable is currently invested.