I have an "x" amount of cash reserves; however, I contribute weekly into my brokerage cash account and sometimes to the ROTH also on a weekly basis. Sometimes the ROTH is invested in one lump sum in January--it just depends. My "x" amount in cash reserves is not for investing, it's in cash because I like having an "x" amount in cash. Once my brokerage cash amount reaches an "x" amount an investment is made no matter what the market is doing, there is always an investment to be made at a decent price.
So,
Do I hold cash? Yes.
Do I hold cash to wait for market corrections, dips or sales? No.
Why? Because, I have no idea how the market is going to react to gawd knows what is going to happen in what time frame.
So,
Do I hold cash? Yes.
Do I hold cash to wait for market corrections, dips or sales? No.
Why? Because, I have no idea how the market is going to react to gawd knows what is going to happen in what time frame.