04-15-2021, 10:32 PM
(04-15-2021, 09:58 PM)fenders53 Wrote: Depends where ones holdings are now maybe? VBIN has been at 50% most of the time for a long while. Others are at 100% in always because they know the difference between investing and amateur market timing. Even the Pros don't have a good timing record or more than a minority would best SPY but they don't. Glad I wasn't out lately because my port was up hard while specs pulled back 25%. I don't pretend to know. I always have cash though. We might guess right or not. What has changed since the last time you bought stocks a week ago?
I don't like current valuations even a little. That was true for many stocks 6 months ago.
A week ago I wasn’t thinking clearly lol. And my buys of late were stocks that didn’t shoot straight up lol. Like most you keep expecting more gains. And once you get those thoughts in your head you can’t lose, that’s when it goes down hill. I will never go 100%. If the market corrects big your stuck and may take years just to break even. Greed is your worst enemy. I think we’re at greed levels now. That’s all I will say lol. That little guy on my shoulder told me now was the time lighten up.. Can’t get hurt when you take profits lol. It’s a comfort level now knowing I stuck to my levels and valuations I see fit. The targets I had on most stocks already exceeded those targets. And those targets were set for 2024. And her we are in 2021 already surpassing them haha. Most investors today expect a run up every week. They have never seen a correction. And once it starts that’s when the selling will kick in. Not saying it’s tomorrow, next week or next month. But it is coming and I’m preparing ahead of the curve. I’m the meantime I may just buy 5000 T shares before the Ex dividend and reinvent them in the company lol . Make $2500 and rinse and repeat lol. That’s 10k for doing no work. Then buy the good names once they correct where I feel comfortable buying them again. As you know the market eventually gives you opportunities. Just have to have more patience this time around lol