What Did You Buy Today?

[fenders53]

(08-17-2019, 09:41 AM)crimsonghost747 Wrote: I've been saying the market is overvalued since maybe 2013 or something like that. Was I wrong? Maybe I was, maybe I wasn't, but we sure did climb waaaay higher from there.

I'm just glad I've stuck with my "invest X amount monthly. Every month, no matter what" strategy because apparently I'm not perfect at timing the market. Sometimes I buy stocks that I could have gotten cheaper a month ago, and sometimes it turns out that the stocks I bought could be had cheaper a month later. All I know is that dividend pile keeps growing month after month.

To remain within the point of this thread.
Sold (yes, SOLD!) a small part of my AMAT holdings.

Nah, you weren't wrong.  Some stocks were at least somewhat overvalued since way back then.  I think the common theme here is we should stay most;y invested, but don't be so reckless as to be cashless when the market is obviously far more expensive than it will be some year soon.  The day is coming.  It's years overdue.

I won't hold my entire position in a large cap stock when it is trading at a ridiculous PE.  That's a mindlessly mechanical strategy.  You won't go broke redeploying some of those funds to another good company more reasonably valued.