The Dow is Falling! The Dow is Falling!
So stocks suck right now. Down and down they go, when they will stop no one knows. How does one react to such forces? I don’t know about you, but clearly, as you can see quite plainly, updated for you daily during the week and at least once a weekend, my portfolio has long since passed the bloody nose phase—now it’s lost arms and legs. But much like the knight from Monty Python, it still has…um…teeth? Ok, so I’m not so sure about that but I do know one thing for certain, and that’s what I have. Cash. Having patiently squirreled more and more away, I plan to enter a mother load buying behavior phase. Soon, I will be buying, yes, all
Assuming the market will recover next year (and tentatively I’m leaning toward that—meaning that with all available information so far, that’s what I’m thinking, but what’s available changes every day), and assuming I can play this pig all the way down, It should be some fun (to say the least) to ride it back up.
Also, I’m definitely developing a bias in favor of stocks with dividends. I’m writing up a lengthy analysis of dividend stocks and their performance over the last few months, but my Internet scrape had a couple failures this weekend and consequently took too long (and the way the programming is set up right now, I can’t run it during the week), so come back often, especially this weekend for that post.
So now where did those arms go…?