The market rebound is stronger than I expected.
Is it time to re-invest in the market?
For my personal investments, I have decided to wait for another week or two. I still feel that the stock prices are too high. It is better to invest at a lower price. In the meantime, I am happy to keep my new money in the money market fund and earn 3% to 3.5%.
Earlier, I missed the chance to sell my existing portfolio. I may take this opportunity to sell some of the portfolio now (as the prices have partially recovered).
There is a risk that I may miss this buying opportunity. But, I have decided that it does not matter.
However, for young people investing a small sum each month, it is all right to continue to make the regular investment as you are applying the averaging principle. The average cost of your investment will depend on the prices over a period of time.
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