Wednesday, June 05, 2013

A Correction (Almost) Finally

Patience has paid off.  The Dow is down 4.6% intraday and 3.5% weekly.  I took advantage of the decline to trickle in some funds into my ETF investment strategy.

Up until now, I've been expecting a shallow dip, but I'm now thinking the correction may be deeper and  reach 10%.  I will try to remain disciplined and continue buying down to 10%, even though every percent decline will make a stock purchase more painful.

For more on The Practice of Personal Finance, check back every Wednesday for a new segment.

This is not financial advice. Please consult a professional advisor.

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