End of an interesting day. Dow down 3.5%, Nasdaq down 4.7%, and S&P down 4%. I don’t like the word crash. But the stock market is continuing its downward run. Seems like lots of bad news is hitting all at once. Target reported bad numbers. Lowes as well. Walmart surprised lower too. All these retailers…
In the last couple of days, I’ve picked up what I thought were “good values” in the market, and my cash position now sits at 75% cash and 25% stock/mutual fund investments. I say this to make myself feel better as we’re going through repeated days of stock market drops. How to explain what is…
Last night, my cash on hand was roughly 87.9% of my overall investment portfolio. That is, I had only 12.1% of my investable assets invested. I woke up today determined to get at least “step one” underway. To lower that cash a little bit. As I write this, my cash balance has fallen to 78.3%,…
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