Re: Opinions on my current allocation?
Originally Posted by
Birchtree
The important question to ask now is how long will it take to achieve the previous high peaks in the CSI funds? The fund that is trading the cheapest right now is the C fund at $10.23 - you need as much of that fund as you can get while the prices are still golden. Forget about the G and F fund they are a waste of good capital and concentrate your leverage with the C fund. Your money will buy you more shares and you should pray that we grind and grind taking ample time to return to a price of $17.57 - but the risk is that we may just rocket up out of this hole with a vengence and you will not get the opportunity to DCA at the cheaper prices. But cycles tend to be repetitive and this opportunity will circle around again.
If you are a buy and holder, this is the way to go. Welcome to the mb.
Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."
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