Originally Posted by dishdude
The good news high of the stimulus getting passed has already worn off, be ready for an onslaught of bad news over the next few weeks as UI claims climb, quarterly earnings are revised downward and another potential outbreak or two somewhere else in the country occurs. I'm mostly in cash right now and trying to figure out when to start buying. I was second guessing not dipping in a bit last weekend but today proved this market is still highly volatile.
Yeah, this is still my take. I thought about pushing a % of the big pile in early on day 2 of the rally. Had some regrets not doing it, but now pretty good with the decision. I think there is lower to go. For my major part of my portfolio, I'm going to start dumping it back into VFIFX at $28 and VTHRX at $26 and $24. I'll adjust the buy prices up or down if there's some insane news, but I'm getting close to just setting the target and then letting it do its thing.
I'll still play w/a small portion with day trades, which has gone insanely well, mostly thanks to the Boeing and CCL.
The good news high of the stimulus getting passed has already worn off, be ready for an onslaught of bad news over the next few weeks as UI claims climb, quarterly earnings are revised downward and another potential outbreak or two somewhere else in the country occurs. I'm mostly in cash right now and trying to figure out when to start buying. I was second guessing not dipping in a bit last weekend but today proved this market is still highly volatile.
Yeah, this is still my take. I thought about pushing a % of the big pile in early on day 2 of the rally. Had some regrets not doing it, but now pretty good with the decision. I think there is lower to go. For my major part of my portfolio, I'm going to start dumping it back into VFIFX at $28 and VTHRX at $26 and $24. I'll adjust the buy prices up or down if there's some insane news, but I'm getting close to just setting the target and then letting it do its thing.
I'll still play w/a small portion with day trades, which has gone insanely well, mostly thanks to the Boeing and CCL.