jdlech

Down to Three Positions, I'm Ready for End of Bear Market

I've managed to minimize my losses quite handily by buying SIJ on margin. So as my regular stocks take a beating, SIJ offsets the losses. There will be a bottom eventually. So sometime after that, I will take my profits on SIJ and then ride my regular longs up. The nice thing about this is that even with the markets volatility, my portfolio remains relatively stable. I don't even have to worry about missing the bottom as that just means I don't make as much as I could; but I'm not losing. These days, even the good companies are being punished. So I'm keeping track of the fundamentals as usual. That determines when I should buy or sell; not the stock price.