09-16-2021, 03:57 PM
(09-16-2021, 09:56 AM)fenders53 Wrote:(09-15-2021, 12:10 PM)fenders53 Wrote: Entered orders to sell all my equity mutuals at the close. SPY, Midcap and Russell 2K. This makes me nervous but the plan is to get them into ETFs tomorrow. I hate that I can't add to my mutuals on hard down days so that is the motivation to make the move. Fees are basically the same.Caught a break and sold on a decent up day. Sold near the money puts in SPY and IWM today. Not sure if I should jump into the ETFs all at once or average in. It's a coin flip so I sold the puts expiring tomorrow while I contemplate it since it is a lot of money. I'll grab some "free" shares of XEL today with the premiums. I get to keep those if the market launches higher and leaves me behind.
"All in" has been statistically proven superior to averaging in, just sayin'.