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<p>[QUOTE=&quot;GoldFinger1969, post: 26772873, member: 73489&quot;]I think you DO want to use volatility to buy.&nbsp; At least you are buying LOWER than previous peaks.</p><p><br /></p><p>It&#039;s true, if the volatility to the downside continues, then you might be under water. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p><i><b>What you need to ask are (1) where do I think the PM or stock or whatever will be in a few months or years and (2) do I have more $$$ to buy lower ?</b></i></p><p><br /></p><p><b><span style="color: #0000ff">If you are positive on (1)...then (2) is a question of setting your scales.&nbsp; </span></b>I&#039;m advising a few accounts flush with cash and they are deploying cash into stocks and bonds at about a a 2-5% committment each week or every few weeks.&nbsp; I&#039;ll get rid of maybe 25-50% of the cash in a few months.&nbsp; Then I can re-evaluate.</p><p><br /></p><p>I can&#039;t sit 100% in cash yielding 3.5% and heading lower (if the Fed cuts).&nbsp; Esp. if the markets rally from this.&nbsp; Right now, I AM using the volatility to accumulate at decent prices.&nbsp; If I knew where the bottom was to deploy every last dollar, I wouldn&#039;t be posting here. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Same thing with gold or silver, except they are not interest or dividend-paying assets.&nbsp; <b><span style="color: #ff8000">Set your scales (wide)....you&#039;ll get rid of SOME if not ALL of your $$$.</span></b>&nbsp; That&#039;s better than not getting rid of any of your $$$.&nbsp; Wide scales make sure you don&#039;t exhause your cash/buying power if the markets go (much) lower.</p><p><br /></p><p>It&#039;s smart portfolio management.&nbsp; Unless, of course, you can identify the exact date of the bottom.</p><p><br /></p><p>In which case....call me first.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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