12-06-2014, 12:50 AM
I'm finally down to 0.3% of my portfolio in cash with my last purchase. I'm sure I'll miss some opportunities in a big market swoon but at least the dividends could get reinvested at a better price.
I recently turned off reinvestment on some of my overweight or overpriced companies with the intent to build a big enough cash pile to add to a current holding or initiate a new position. Once I have sufficient funds, it will gt invested.
The only time I've held cash for any length of time is when trying to decide where to invest it.
I recently turned off reinvestment on some of my overweight or overpriced companies with the intent to build a big enough cash pile to add to a current holding or initiate a new position. Once I have sufficient funds, it will gt invested.
The only time I've held cash for any length of time is when trying to decide where to invest it.
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“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street