That’s why I think it’s better to invest in chunks instead of lump sum (a comment I already made for @st.huck the other day on thread Starting Out at 40).
This works for the psychology of my simple mind, at least.*
* Tested as freshly as in the past week or two:
I sold off some Broadcom in early July (it’s dropped since) and some Iron Mountain in late July (it’s gained since). I ended up having mid 5 figures of cash to deploy.
It felt temping to just spend it all right away on my favorite companies on my current shopping list, but I’ve since gradually only deployed maybe about 1/5 to 1/4 of the cash. I feel happy to still have a bunch of dry powder left, especially if @PhilMongoose turns out to be right …
Either way, I’ll just keep buying – BTW, has anyone here read the book? –
either averaging down or averaging up.