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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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To: cemanuel who wrote (1977)1/22/2022 11:17:15 AM
From: cemanuel2 Recommendations

Recommended By
red cardinal
rnsmth

   of 2146
 
What I decided re:

I will be selling the vast majority of the MFs to convert to stocks (keeping $50k each in two high-performers). Lately I've found myself asking if it would make more sense to sell now and go to cash for a month. Or should I stick with the MFs until, probably, Friday February 18 when I'd put my sell orders in?
This is for my 403b/soon-to-be-an-IRA.

I ended up deciding to just stay the course. The market is still pointing down. But not in such a way to lead me to think it has a lot more to go, or that it won't find bottom well before February 20 or so and very possibly trade above where it is now.

In the face of uncertainty I chose to do nothing. Not enough to make me believe that 30 days in cash will serve me better than 30 days continuing in these mutual funds.
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