Originally Posted by
eblend
Makes sense, but I guess my justification at the time is that I was only 2 month's in, already got a dividend, and wanted to return and buy on some sale. I will probably buy in smaller portions over time.
I do have 30k in other random stocks, those are down like 10% and I don't intend on touching those at all, it's all small 5k positions in 6 different companies, but I won't sell. I wouldn't have sold VGRO if it was down either, but since i was able to get out for what I paid for it (and got a dividend to boot) I figured I will return and re-buy at hopefully a better price. At the moment I think there is still lots of downside potential, but who knows. We will see how things play out, the virus isn't slowing yet and it's only getting worse.
We will see. I think the reason I am on the edge right now is that things seem too over valued and lots of talk of the market crashing...I don't want to be left holding the stick and then having multiple years of waiting just to get back to where I started instead of growing. Once I rebuy, I will hold it for next 20-30 years.