Why I Bought the Ultrashort Financial Sector ETF [View article]
I have also been investing in the financials through the XLF and in GS. I think the things mentioned in this article have been factored into the up to 40% drop in financials.
Looking forward I see reduced risk (but clearly still risks) and greater reward opportunity. I am adding back to financials on pullbacks.
It is at times like this I am reminded of the words of a past mentor who said "You cant lose something you never had" meaning dont get greedy. Just move toward your longer term target allocation.
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I have also been investing in the financials through the XLF and in GS. I think the things mentioned in this article have been factored into the up to 40% drop in financials.
Apr 06 11:07 am
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All Comments by jstratt »Why I Bought the Ultrashort Financial Sector ETF [View article]
Looking forward I see reduced risk (but clearly still risks) and greater reward opportunity. I am adding back to financials on pullbacks.
It is at times like this I am reminded of the words of a past mentor who said "You cant lose something you never had" meaning dont get greedy. Just move toward your longer term target allocation.