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Re: None

Tuesday, 08/16/2022 8:18:50 PM

Tuesday, August 16, 2022 8:18:50 PM

Post# of 71
Fwiw, took some profits today in the S+P 500 (SPY, VOO), but left VTI long in case the pullback doesn't materialize. At 73 the RSI is clearly overbought. The market might just keep elevating for a while, but profits can be 'fleeting', so grabbed them while they are there :o)

Current stock allocation is 14%, down from the prior 20%. 10% is the core buy/hold allocation, so could take profits on an additional 4% if the market continues climbing before a pullback.

The eventual plan is for a 25% allocation in stocks, of which 15% is permanent buy/hold, and 10% flexible depending on market conditions. Might boost it up to 30% or 35% should the market get really cheap again, but will try to keep the 15% as a core permanent long allocation. Still a 'work in progress' :o)



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