I keep 20-25% cash for big market declines. For me I won’t chase stocks unless they have declined from highs and are yielding at least 3%. Credit rating matter too. It’s all about long term gains for me at a price I feel conformable buying at.
This market is over valued even after the slight dip the past 2 weeks. I believe we are headed for a recession in 2020-21. They happen every 9 years and were due. Plus there is too much uncertainty in the market.,
They are some stocks I would start taking positions in like XOM, JNJ, ABBV, MO, PM, IBM, ENB, BMO, FUN, SIX, T, SPG, LYB, WFC, and VLO. These names fit my mold.
This market is over valued even after the slight dip the past 2 weeks. I believe we are headed for a recession in 2020-21. They happen every 9 years and were due. Plus there is too much uncertainty in the market.,
They are some stocks I would start taking positions in like XOM, JNJ, ABBV, MO, PM, IBM, ENB, BMO, FUN, SIX, T, SPG, LYB, WFC, and VLO. These names fit my mold.