02-17-2015, 09:05 AM
benjamen,
I keep little to no cash on hand in my account. Since I've been investing (2000), I've always found at least one stock that was fairly valued to undervalued. I'm horrible at timing the markets. If I waited for better values, I'd be constantly sitting on cash since, "Hey, it can go lower and I can get that much more of it." I'd rather get my cash invested ASAP and collect my dividends than use my horrible market timing.
I keep little to no cash on hand in my account. Since I've been investing (2000), I've always found at least one stock that was fairly valued to undervalued. I'm horrible at timing the markets. If I waited for better values, I'd be constantly sitting on cash since, "Hey, it can go lower and I can get that much more of it." I'd rather get my cash invested ASAP and collect my dividends than use my horrible market timing.