05-16-2015, 10:13 AM
Question for you guys:
How much if any dry powder do you keep in your accounts for future investing? Kplan? IRA? and Brokerages?
I'm not thinking about cash for a rainy day, I'm thinking about the cash reserves used for a dip purchase.
Personally, in my kplan I have ZERO cash, all monies are allocated on weekly buys.
My IRA is around 1 percent and my brokerage is around 4 to 5 percent.
I'm thinking about putting future dollars in my kplan towards cash in order to buy on a dip. I keep thinking there will be a dip sooner or later but I've been thinking that since 12000/13000.
Since I don't panic and sell during bad markets being fully vested has seemed to work fine. But as I accumulate I wonder if cash reserves should be considered? Thoughts? What do you guys do?
How much if any dry powder do you keep in your accounts for future investing? Kplan? IRA? and Brokerages?
I'm not thinking about cash for a rainy day, I'm thinking about the cash reserves used for a dip purchase.
Personally, in my kplan I have ZERO cash, all monies are allocated on weekly buys.
My IRA is around 1 percent and my brokerage is around 4 to 5 percent.
I'm thinking about putting future dollars in my kplan towards cash in order to buy on a dip. I keep thinking there will be a dip sooner or later but I've been thinking that since 12000/13000.
Since I don't panic and sell during bad markets being fully vested has seemed to work fine. But as I accumulate I wonder if cash reserves should be considered? Thoughts? What do you guys do?