Have cash available

[tchandy]

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?

Tom

 

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[DustinS]

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...