What Did You Buy Today?

[fenders53]

(02-18-2021, 03:59 PM)ken-do-nim Wrote:

(02-18-2021, 09:21 AM)divmenow Wrote: The 20% correction is coming. I can feel it in my bones. Tech is going to get hammered this month. Something is just telling me that. Gold is going to be the new leader now. Buy GOLD and NEM lol ?

It hasn't been a good week so far, that's for sure.

I'm not sure how the rest of you manage to make moves nearly every day.  I guess you have larger cash positions than I and eat away at it slowly.

First of all don't convince yourself it's necessary.  Trust me we outsmart ourselves and guess wrong sometimes. I used to have a real job and leave things alone for months or longer.    That worked out fine.  

My portfolio is fairly large now and it's in baskets.  About 40% of it is in DG or Utilities.  Another 35-40% is income producing.  (Options so rarely more than a few days without making moves).  Most of this cash going into a new growthy port and I am buying 1 or 2 shares often.  The rest is cash that only sees the market during a very deep drawdown.  The kind that makes us cry lol.

A lot of the guys and gals here are buying one only share a few times a month and posting it here.  I hope they keep doing it.  They do research too and this isn't a country club.  You'll see us kidding each other on this thread  about making two share purchases.  I hope that doesn't turn anybody off.  We are just internet friends giving each other a hard time.  This is our daily socializing thread.

And my port is up this week but don't despair.  You'll get even some week soon when your port runs 5% and I'm at 2% wishing I was invested a little more aggressively.    

And I've been watching SOXL.  That ETF isn't afraid to move around lol.  I'll grab a little when we get a tech correction.  It looks like fun when you're winning.