RE: Review and forecast25 Oct 2021 10:52
Have been reading the last two comments with interest. Holding some cash is one of the investment strategies I struggle with. When cash becomes available through returns there is usually something I've already had my eye on to add, at a price I'm comfortable with - so I end up continuously all in. However it does mean I sometimes miss out on opportunities when they present themselves. Alternatively, in a rising market, cash sitting doing nothing can be a similar frustration, but more of regret from not buying various stocks sooner! So how do you win?! I don't know. And which is better? I don't know either, but my instinct is to try to hold maybe 5-10% in cash. But when that aforementioned opportunity arises I'd be back to "all in" anyway!!
Meanwhile, slightly stronger morning for RIO. I seem to spend quite a bit of time these days keeping an eye on iron ore prices.....