What Did You Buy Today?

[fenders53]

(09-03-2020, 06:37 AM)pdaignau Wrote:

(09-02-2020, 09:09 AM)stockguru Wrote: Went into 70 percent cash yesterday. Will wait patiently for the next downturn.

My top 10 is still in tact. Sold all my trading stocks and etf's

Nice. 

• I'm at ~30% cash and am now stock piling the monies I typically invest. 
  
• In April-May, I reshuffled my "weaker" investments into top companies.  All companies that, if they dropped 20-40%, I'd buy as many shares as I could.
  
• I am contemplating investing ~25% of what I normally would just to keep my head in the game.
  

Paul

That's a good plan.  The board is getting a little bearish, but we can't time this much better than a coin flip.  Market might pullback 5% and then run another 20% higher?  I am only getting a little cashy for one reason.  It's not in question the market is historically overvalued.  I don't expect a huge pull back, but if it comes it, is not a good feeling to be 40% down and no ability to buy a significant amount of cheap shares.  

If you are young you have to shut off the noise keep most of it riding in the market or you will miss the bus eventually.