Cash on Hand Increases from 86.9% to 87.9%

My cash increased yesterday because I got paid.

I haven’t deployed any additional funds to the market since I wrote about my goals last week. Fortunately, I continue to get paid during that time, so the money will grow until I do something about it.

The stock market has been falling, so I’ve been slow to deploy the funds. Last week was “6 weeks in a row” of falling index averages.

The S&P 500:

Now I’m not trying to be a market timer, but I think it’s human nature to delay a big purchase if you think the price is heading lower over time. Maybe I should dip a few toes in and at least deploy 5% or 10% to something with good long-term value.

The Vow

I accept that the overall market might continue to be choppy for a long time, with bouts of crashes and bouts of massive rallies. But if I do my job correctly, I’ll buy a company or sector that is long-term healthy. It’s time for a value pick.