Since I only started this portfolio at the beginning of May and have been tip-toeing my way into the market a couple of percent at a time, I’m only down 4% on my portfolio. I consider myself lucky. Yet, that 4% still adds up to a lot of money on a dollar basis. Given a…
Today, I bought some more MFC, ZLB, and ZLU. I wanted to buy more NIO, but that stock bounced up today. Maybe now is not the time to go for the risky bets. Jim Cramer talked trash about Cathy Wood, which made me want to pick up some ARKK or ARKF just to bet on…
OK now that the market is open today, I was able to put some more of the idle cash to work. 6.5% of my idle cash was invested 50/50 in ZLB and ZLU. There is obviously still more to go. The cash pile went from 68% down to 61.5%.
This week I have a problem that most people would not consider a problem. OK, it’s not really a problem. But it’s a unique reality. Every month, as my clients pay me, cash is added to my business account. I don’t actually need that cash immediately to run the business. So the cash stocks up….
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