Re: Flalaw97's Account Talk
Originally Posted by
flalaw97
So we are past that 3% gain rule for February that would cause you to think "maybe I shold get out and wait until next month" but I go back to my November 4, 2020 post and notice that November turned out to be the month to ride the S fund to an 18% gain, followed by a 7% December. So just hitting a 3% mark and taking the money off the table results in significant missed gains. What a crazy game this is.
We seem to be in the neighborhood of "these are good problems to have." Like I said many days ago, rather than getting so worried, I would have been much better off to ride the wave, then I'm not so upset when I get caught in a one, two or five percent downturn. It seems like a solid strategy until the market acts a little more well-behaved.
Scott Harrison
Senatobia, MS
Bookmarks