I have a pretty fair sized port, with nearly 55% stocks, (no mutfunds),
and I must admit that today is the first day where I had only
one stock
that was green...all the rest were red. (It's been a
long time since that
occured.)
Not the end of the world and I won't miss lunch or, my golf game tomorrow, but I feel quite uneasy about the M of late.
My cash/cash equiv, bond and muni funds are keeping me ahead of the, (imo), underreported and underrated inflation that is permeating the econ and starteing to affect everyone, espc. Joe&Mary6Pack, but my equities need some support.
I do use stops and stop limits, but I really don't want to "leave" the M. We Retail investors always get snookered by stops over time, imo.
OTOH, more daily reactionary crap via the oil game, driven by the latest oil baron crazies or, worse yet: the next shoe that drops from the JihadBastards, and this M and, the econ., is in the toilet.
Seat belts and DOT approved helmets on, gang...I am usually a guarded optimist, but this econ is a very fragile and thin veneer, imo.
I'm eyeing that GreeterJob at WallyWorld, if my "accent" was more acceptable to the local clientle, for some pin money...theCEO selling her
fabric art/quilts is nice, but it won't pay the country club bills.
My usual advice to MyKidz here: spend less than your earn, pay yourself first, save...save...save.
My 2Cts.
BR,Ol'UncMtr