If the Ride Gets Rough, Hold on Tighter to the Bars

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Sell the markets? Are you kidding me? As I have mentioned multiple times, about a year and a half ago I began the process of shifting to more cash. I took a ton of profits and some of those profits were indeed reinvested into other stocks I liked at the time. Other of the profits were moved to cash. By the time all was said and done my allocations were roughly 40% stocks, 58% cash and 2% crypto. Today that allocation remains relatively the same. At the same time the volatility in the markets has been quite prevalent, and many of the companies I like are actually now trading at discounts. So some of my "new money" and money that was allocated to cash is now being returned back to the markets. It is a gradual move of course. The markets have not corrected yet—a downward move of roughly 10%—so I am not intending on making any major swings in allocations. But buying into these dips is critical to making money in the long run since the stock market really ultimately has only one direction. Up. I will now be changing my allocations to 42% stocks, 56% cash and my crypto allocations will remain at 2%. If the market does correct, my allocation to stocks will likely be increased to 50% with an eye toward returning to the 60%-70% I usually allocate when markets are in a definable bull run. At the same time I am also looking at some of the "dead guys" in the markets and doing some shorting for extra profits. The key takeaway here is that if you were to ask the question, "When is the best time to buy the markets?" my answer would be simple. Any time and always. If you are investing in solid companies and have done your due diligence, it does not matter what the markets do. It matters only what the companies do over the long term. Over the long haul, so long as the company makes profits, so will you, irrespective of what today's ticker price says the company is worth. Remember. You are not buying stocks. You are buying businesses.