02/01/2020
A month ago the idea of a Corona brought a smile to my face. Now, not so much.
We have finally decided to get serious about lowering our equity exposure, putting together a plan to move from 85% down towards 60% by mid-year. We put in our first sell order of roughly $50k just before the market started to head south. Between our sale and the market downturn our equities now stand at 80%, and our networth remains essentially unchanged from the start of the year.
We hope we have what it takes to keep with our plan, selling about $50k a month. But selling gets a whole lot harder when the market takes a tumble. With an ugly virus claiming more and more victims we have to wonder if our plan is a bit ill timed...
02/06/2020
The market is having a Trump party. Who cares about a little virus... Time to buy some TSLA!!!
02/27/2020
Welp... we got about 90k to the sidelines before all hell broke loose. I think we will put our plan of reducing our equity holdings on hold for a bit. |