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re: VDE bottom?
Posted on 2/6/15 at 11:12 am to TigerSaint1
Posted on 2/6/15 at 11:12 am to TigerSaint1
Part of me has the exact same line of thinking that you do.
The more rational part of me is saying, "Hold on. It isn't over that quickly. This little bump is a mere hiccup before a farther decline in oil prices."
I think oil prices slide into the high 30's before it turns around. If so, we'll be well positioned to increase our stake in these etf's(VDE) or funds(VGENX) at a declining cost average. I'm not worried. I also got in during the last month.
The more rational part of me is saying, "Hold on. It isn't over that quickly. This little bump is a mere hiccup before a farther decline in oil prices."
I think oil prices slide into the high 30's before it turns around. If so, we'll be well positioned to increase our stake in these etf's(VDE) or funds(VGENX) at a declining cost average. I'm not worried. I also got in during the last month.
This post was edited on 2/6/15 at 11:13 am
1
Posted on 2/6/15 at 11:46 am to Clyde Tipton
I think we will see another dip as well, not sure how much though. I have VGENX as well so I will continue to buy on the way down and throw some more at the ETF's when it dips.
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