What I Am Buying Today.

[crimsonghost747]

(05-19-2022, 06:52 AM)cemanuel Wrote:

(05-18-2022, 07:12 PM)fenders53 Wrote:

(05-18-2022, 06:49 PM)cemanuel Wrote: "Last recession WSM was a $30 stock"

I know. I bought some on 3/17/20 for $32.57.

That was a nice pickup, especially considering we had no clue if the market would be halved again.

For me, I just try to buy good companies at sound price points. It is tempting to just sit but then I'll need to figure out when the bottom is being set. I'm not smart enough to do that either.

I imagine it's the same for most of us here.
I personally have a very simple strategy. I buy with X amount each month. That amount stays the same, regardless if we are hitting all time highs or in a correction like now. I usually split that between 3-4 different companies so I'm always adding to something here and there.
Then, when the prices start to be good enough, I start adding more cash (on top of the regular X) at different levels of the sp500. We haven't reached that level yet in this correction, but I'm hoping we keep going down and I can pick up some quality stuff for cheap.