Home Forums Members Forum Flush With Cash, Now Where To Go? Reply To: Flush With Cash, Now Where To Go?

Sean HymanSean Hyman
Keymaster
Post count: 4540

You’d not want to put in additional tranches unless they reach our averaging down zone prices. If they do not, then you’d want to remain in cash instead of going in early.

Now, if you have large profits for the holding time, then you can always sell to lock-in those profits.

You’d not want to “average up” though. That would increase your average breakeven price and reduce your average % return. Cash is only worth deploying if it gives us a strategic advantage by taking our average cost/breakeven notably lower % wise. So, I’d always suggest sticking with the official averaging down zones.

Also, I’ve got some other stocks on my watch list. So, we may have some new picks in the next monthly issue. We’ll see. But better to have too much cash than too little. Cash = opportunities lack of cash = lack of opportunities