Monday, March 05, 2018

Waiting, Not Chasing

"Patience is a virtue." ~ old adage

Today's market advance prevented us from acquiring additional positions in our stock and ETFs.  I purposely didn't chase them and left the buy orders at  couple percent below Friday's closing price.

I expect that I will get more buying opportunities in the next month as volatility is now the norm.   It seems that market changes of greater than 1% are the new normal.   Waiting for the 1% drops will allow me to make purchases from our buy list at lower prices.

For more on Strategies and Plans, check back Mondays  for a new segment.

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

Copyright © 2018 Achievement Catalyst, LLC

No comments: