At this rate, the rally is really gonna continue….

Anyone still have cash with them? Should we be holding cash now and risk inflation? Or should we jump on in the bandwagon?

It’s really confusing as a long term investor whether to enter the market now or wait for a correction (if ever…)

I am a trader, so I don’t really care about correction or what.. I am only trying to figure out short term trends (Daily, Weekly..)

I try not to fight the trend or guess the peaks or troughs. Instead, I will just play the momentum part of the swings.

And right now, I am still sticking with the long trend.

So for investors, what should you be doing with your excess cash?

- Buy stocks in small increments.. This is a good strategy, buying stocks every day, 10% of your remaining cash at a time… Meaning if you have $10,000 cash,

Day 1 – Purchase $1000 Remaining $9000
Day 2 – Purchase $900   Remaining $8100
Day 3 – Purchase $810   Remaining $7290
Day 4 – Purchase $729 …

Then suddenly Day 5… Market drops big time…

You can sell off the stocks you bought on Day 1 ($1000 worth) And then you can repeat this process..

Simple investing strategy that is quite safe and works.

 

A view of New York City WEST side from the Empire State building in 1950