#DO NOT INVEST EVERYTHING YOU HAVE AT ONCE
Hey Team,
Here's some thoughts on the following weeks on my side, for this portfolio and some potential insight for everyone.
As a general rule of thumbs I like to be quite conservative. Not investing all the money I have available on Etoro can be quite difficult sometimes but is necessary.
I will always choose to be safe than sorry no matter how good the market can perform and no matter how tempting it is to go all in. We are never losing money and we have performed well over expectations and that's what matters.
I know 2020 has accumulated a whole bunch of new investors and it's quite important to understand and remember that we are not in a "normal" market type.
Listening to other investors that have knowledge is great for opinions for getting a bigger perspective but always keep in the back of your mind that not only times are changing constantly and no one is ever always right and Covid 19 isn't a "reproduced event" from before. So we are ALL NEW TO THIS.
NOW I don't know for a fact that the market will drop 20-30% but I am expecting a few multiple corrections for this year and that will benefit this portfolio. I am not saying to expect for the worst but to always take a step back and to be prepared for unusual events.
The importance of having that cash aside to invest and to be prepared in case of a correction allows you to be reassured rather than scared when a drop happens.
On my side I'll be keeping 15/20% cash aside for potential opportunities.
Earnings are expected to explode this year but I'll probably be going on a little STOCK DIET for now and I'll just be super stocked if some bargains become available.
DON'T GO ALL IN, KEEP SOME CASH ASIDE, BE HAPPY IF THE MARKET CONTINUES TO PERFORM WELL AND ALSO FEEL GOOD IF MARKET CRASHES AND INVEST SLOWLY BY DOLLAR COST AVERAGING
Another advice from my pro!