12-03-2021, 02:38 PM
I find this thread interesting given the buying and selling habits many here do on a daily basis. I try to sit on 7-8% cash and buy the big dips, like greater than 10% usually before I part with cash.
For some reason I struggle to part with my cash when the market is bouncing like it has this week, I call it patience but it feels a bit more like fear….
The wife and I max the 401ks out in mainly index funds and been doing that for 30 plus years but I don’t even give that a thought however…
Biden is starting to remind me of Carter, seems to be doing everything possible to kill the economy. Think I will hold onto my cash a bit longer. It’s only losing value at the rate of inflation …….and we haven’t had a decent correction in a long time.
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For some reason I struggle to part with my cash when the market is bouncing like it has this week, I call it patience but it feels a bit more like fear….
The wife and I max the 401ks out in mainly index funds and been doing that for 30 plus years but I don’t even give that a thought however…
Biden is starting to remind me of Carter, seems to be doing everything possible to kill the economy. Think I will hold onto my cash a bit longer. It’s only losing value at the rate of inflation …….and we haven’t had a decent correction in a long time.
Sent from my iPhone using Tapatalk