Today was a relief- Some gains finally- Yay-
Sold some positions because I jumped the gun too early- Will try to get back to 20% cash again-
Also, finally bought Costco for my ultra long term portfolio. Only a small amount though.
I will build the position slowly. Bought more Cavalo because of a 4% drop, avocados are not going anywhere.
Wanted to buy some more REITs but I will wait a bit more.
So is the market drop over? I am not sure. I am sure some shorts are covering right now and there may be
some more days with positive returns. But the big issue is that there is no good news…
Omnicron scared everyone- Supply chain issues remain. Iran is still crazy. Energy prices will only go higher-
Not much good news-
I will buy more mortgage REITs to get the dividends (long AGNC and ARR).
Not much you can do when market volatility is high and the likelihood of bad days are higher.
Indeed, we live in interesting times-
Thankful for some breathing room but we are not out of the woods yet-
Thank You Jesus for a blessed day. Let us always be thankful and give You all the glory Amen-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18