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re: What are we Buying?

Posted on 9/23/22 at 7:41 am to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49120 posts
Posted on 9/23/22 at 7:41 am to
I won't stay in cash for years but I think we'll have opportunities to buy stocks lower than they are right now in the next 6-8 months.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425838 posts
Posted on 9/23/22 at 7:42 am to
Yeah if I can't find a company I can just devote a large down payment on a home if a good deal arises. I just want to be flexible because it's likely going to get real crazy in 2023 across the board.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52037 posts
Posted on 9/23/22 at 1:55 pm to
quote:

I won't stay in cash for years but I think we'll have opportunities to buy stocks lower than they are right now in the next 6-8 months.


This. I pulled all my money out of VUG a few weeks back when it was in the 250s. Once it goes below 200 I'll start to think about nibbling on it again. If it goes below 180, I will definitely nibble. If it goes below 150, I'm feasting.
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