12-16-2021, 11:16 AM
(12-16-2021, 11:05 AM)ken-do-nim Wrote: ADBE - I sold my shares back in November, but I'm looking forward to getting back into it in the Taxable account. Kind of glad the price is going down ... just needs to stay down through Feb/March.This is another reason to always have a little cash, or holdings in some boring stocks you can dump and redeploy. Valuation resets are normal and healthy. Some great companies are going to get a beatdown sooner or later, and the market might not even crash while it's happening. Money is starting to trickle into safer sectors that pay a dividend. Don't know if it will last but I think the buy every dip crowd on overvalued stuff is going to be more hesitant for now.
IEP - Always a temptation! That P/E of 537 though ...