Ok. Started investing 2.5 years ago with a hefty amount left to me by my 92 year old nana.
Got to ath in November 2021.
I was up about 52%.
Now I'm down 22% from there.
Still UP 30% from one time lump and no adds in 2 years.
Should I just cut losses and go 100% cash until we hit sp500 3000 or something?
I sense in June this market may drop to at least 3000 if not 2400 as Jeremy Grantham says.
Michael Burry is saying AAPL could get down to $50 a share I think. I'd have to look it up I may be wrong.
Then I'll take my 100% cash and start dcaing into the market at about 3500 sp500 all the way down slowly till we hit 2400.
When we hit 2400 I'll go all in and make a sh!tload if cash on way back up (which may take a few years) and then I'll go back to like 50% cash in case we fall again.
Good strategy?
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