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I am usually shopping on dips so I see the difference. I watch for another reason though. When I study the unhappy side of the market, I learn and am less likely to repeat errors if any were made.
More balance in my life would be good, so point taken there.
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11-29-2021, 04:54 PM
(This post was last modified: 11-29-2021, 04:55 PM by ken-do-nim.)
I see the indices are all way up so Friday's losses were probably erased. I hope those of you bought on Friday were richly rewarded today. Next year I will have cash for dips!!!
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2% moves not so much but yes when a stock you like dips 10% it's nice to be able to add a few shares.
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So, in the end, the numbers for November aren't that bad.
The taxable account generated $8k, and given my weekly annualized profit had been $1192, that's almost twice a normal 4 week month. However, because it is replacing the great and mighty November of 2020, my weekly annualized profit fell to $1083. Other statistics: The yield stands at 2.65%, and annual estimated dividend income is currently $7,022.81
The ROTH did almost nothing, netting me $1k, and its weekly annualized profit fell from $1052 to $847.
Let's see what December brings!
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December may be fine as long as the new variant doesn't close many countries down so supply chains can catch up some after Christmas.. We'll get our correction someday but maybe not until rate hikes and re-opening is finally over. We are due for some normal year returns. There are finally some deals other than Mega Cap. Take them out and the valuations look reasonable for all the major indexes.
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12-01-2021, 11:09 AM
(This post was last modified: 12-01-2021, 11:50 AM by ken-do-nim.)
Now that I've made my moves today, now I'm supposed to not look until Dec 31st. Yikes it will be hard!