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Topic	Stock Topic 23
red sox 777 03/04/21 5:34:39 PM #454:	Colegreen_c12 posted... Sunroof I don't want to pry but when you say you invested 187k or whatever thats not like the majority of your savings right. Cause you should keep cash on the sidelines so that if it is a crash you can keep buying more and more and bring your cost basis down more and more I'm pretty sure he has cash besides that. He keeps like 90%+ of his portfolio in cash 90%+ of the time. Also, if it does drop tomorrow he's almost certainly going to stop the losses pretty quickly. The only time that doesn't work is if the stock gaps down so that you have to eat a big loss by the time you sell, or if the stock is illiquid enough/your investment is large enough, that you can't sell without sending the price down on yourself. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:951345337] in Stock Topi... [t:79314764]...</cite> <quote>Colegreen_c12 posted... </cite> <quote>Sunroof I don't want to pry but when you say you invested 187k or whatever thats not like the majority of your savings right. Cause you should keep cash on the sidelines so that if it is a crash you can keep buying more and more and bring your cost basis down more and more</quote> I'm pretty sure he has cash besides that. He keeps like 90%+ of his portfolio in cash 90%+ of the time. Also, if it does drop tomorrow he's almost certainly going to stop the losses pretty quickly. The only time that doesn't work is if the stock gaps down so that you have to eat a big loss by the time you sell, or if the stock is illiquid enough/your investment is large enough, that you can't sell without sending the price down on yourself. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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