Makes me wonder if I should start selling call options on portions of my holdings. I bet there's an ETF for that already.
I'm conflicted because on the one hand, I think to myself, when will I buy more BMO? It's hard to pay $130/share when my avg price is $75.I like the new highs, but finding buying opportunities is getting hard.
Can it drop 30% or so? maybe on Fortis?DAX down 281
S&P futures down 58
Dow futures down 479
NASDAQ futures down 201
Of course they can. Markets dropped over 35% March 2020.Can it drop 30% or so? maybe on Fortis?
You will get over that in 9.5? months. Re-investment (DRIPS or new money) is a non-issue for those in net withdrawal. It's been over a decade since I have cared about any of that on an overall portfolio basis and is highly liberating. Perhaps just build your cash reserve leading into retirement shortly and that will take care of your re-investment angst.However, don't enjoy getting fewer shares from my DRIPs and additional buys cost more. Also, instead of just enjoying the ride, I can't help thinking "This is too good of a run. When's the pullback/correction?"
If not for fed it should have happened in fall of 2020. Now that the fed decided to participate, who knows. Could be fall 2021. Or not.When's the pullback/correction?
Good for 2-5 years yet.
Yeah, and the more investors join the party the higher prices will go.There is growing consensus in financial circles I think that we may be mid-cycle of a bull market.