Although I was tempted to buy on Friday, I'm still waiting.... waiting for new lows before buying. The current market valuations do not make sense to me. It feels somewhat like 1999 and 2008, where the market defied the economic situation.
So I'm going to wait to buy, despite the market making me feel very stupid for not buying. It is painful, watching growth stocks hitting new 52 week and all time highs. I'm going to wait until stocks test the March lows.
Hopefully, I will get a chance to buy in a couple months, but it may take as long as waiting until November, after the elections results are decided.
For more on Strategies and Plans, check back Mondays for a new segment.
This is not financial, nor investment advice. Please consult a professional advisor.
Copyright © 2020 Achievement Catalyst, LLC
No comments:
Post a Comment
Comment guidelines: My Wealth Builder will publish comments that are about the topic and do not contain inappropriate language. My Wealth Builder reserves the right to edit or delete comments for any reason which includes those that have advertising (either for a product, website, or blog), contain inappropriate language or are not about the topic.