I bought growth funds yesterday and today- you have to !

N

NY_HOOD

I was in cash for a while and started buying yesterday and some today. I bought 2 mutual funds ( growth funds). I got yesterdays close in one and will get todays close in the other. I bought knowing and accepting that the market could drop another 25%.
You can never pick the bottom but we are down 10,000 points in less than a month.
You almost have to start nibbling. I will now buy in any further 5% drops.
I am done with individual stocks because of my huge losses in 2007 just prior to the crash. I blew my account up.
I bought thes funds in my retirement account. I have plenty of cash to buy more on further big drops.
 
If you don’t want to blow up on stock or anywhere else then just by cash instead of margins.

I’d say 50% instead of 25%.
Just in case.
 
Poor strategy unless you plan on selling the bounce, to be honest. You had 10 years to buy the dip and HODL. Those times are over.

Sh*t hasn't hit the fan in USA yet. And it will in the next 2 months.
 
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