Cash.........
Buying stocks when prices are moving down rapidly as they did last week at least here in Europe, always makes me a bit nervous. I need Lichello's method to execute the buys, otherwise I would be lost.
But seeing the cash disappear into these 'black holes' can feel like a little loss. But this weekend updating the spreadsheets I got a pleasant surprise: I had more cash at the end of the week than at the start of the week. It was the PP, which is part of my 'cash', which had a + 3.1% week, mainly because of the gold, that increased the amount of cash, so the AIM buys were 'free'.
This is one of the portfolio effects that I had not explicitly envisaged. I knew that the PP would be cash that would grow, but the actual experience of such portfolio events is always very enlightening. You have to execute the strategy and feel it.
Next week I assume we will see a lot more buying. Need to have a look at other attractive stocks to own.
Best,K
