Wednesday, May 6, 2020

Where is My Double Dip?

Economy in free fall, Why not stocks?

As I have mentioned, I am patiently awaiting my buying opportunity.  Unfortunately it seems that the US Government is working to manipulate the market by spending, borrowing and buying at historic levels.  Now there may be good reasons to do this, however to have it done by the folks who are supposed to be the fiscal conservative and keep government out of my business people is so disheartening. :-(

Well I did sell some stock again at 24,000+ but I am still about 35% in the stock market.  One of my more impulsive decisions was to buy some of a Vanguard Energy Index fund (VDE)... It is at ~33% of its high so I figured why not...