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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (7367)	8/4/2019 3:58:52 PM
From: Ken Adams	Respond to of 26502

Great advice and just what I'd plan to do. Over the few years that I got into my current Vanguard position, I was actually able to get in at many short term lows. Each time within literally a few days of lows. I can't expect to do that every time, but Synchrony currently has a pretty nice rate for saving accounts that would be a place to let cash sit at the ready. My CDs are all with Synchrony now, so a mature CD can be dumped into the existing savings waiting for me to start "stepping" into Vanguard.

To: Kirk © who wrote (7367)	8/5/2019 12:10:55 PM
From: John Koligman	Respond to of 26502

"If the markets are at a record high and you spent half a decade or more ignoring my advice to have some in stocks, I'd sure be careful about dumping 1/3 into the stock market all at once!" Very good advice, in preparation for retirement I was selling many of my longer term big winners and shifting the cash to other safer places last year for just that reason. Longest bull on record and I believe the longest recovery also now, so unless business cycles as we know them have been repealed the odds are getting better on the downside. I traded around the dump late last year with good results, and may do so again this time as trade takes the markets down.