12-06-2014, 12:50 AM
I'm finally down to 0.3% of my portfolio in cash with my last purchase. I'm sure I'll miss some opportunities in a big market swoon but at least the dividends could get reinvested at a better price.
I recently turned off reinvestment on some of my overweight or overpriced companies with the intent to build a big enough cash pile to add to a current holding or initiate a new position. Once I have sufficient funds, it will gt invested.
The only time I've held cash for any length of time is when trying to decide where to invest it.
I recently turned off reinvestment on some of my overweight or overpriced companies with the intent to build a big enough cash pile to add to a current holding or initiate a new position. Once I have sufficient funds, it will gt invested.
The only time I've held cash for any length of time is when trying to decide where to invest it.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan