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.
Copyright © 2013 Achievement Catalyst, LLC
Wednesday, June 05, 2013
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