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Have cash available

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by tchandy, Oct 20, 2007.

  1. tchandy

    tchandy Contributor Read Millionaire Fastlane

    Likes Received:
    Aug 16, 2007
    Kansas, for now
    Rep Bank:
    I read an article today and think it is a very wise one. It said to hold about 10% of your available money that you normally would spend on stocks for a dip in the market. At that time that is when you use the money to buy the stock. I think this is a good idea rather than investing all of your available cash in the market. Lately a lot of stocks are and dropping. Comments?

  2. DustinS

    DustinS New Contributor

    Likes Received:
    Aug 11, 2007
    Rep Bank:
    Heh I'd stick to a lot more then 10% cash unless you're short! Another fed cut may give a short term rally, but a correction is coming imo...

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