The market has found new wheels! Today I sold some stock in all four of my family's accounts for the first time since I had four accounts. Actually it's the first time either of the boys' account have sold any. None of the accounts sold a huge amount, but considering just two months ago, Cathy's had a $400+ sale, and this month it sold another $180, the stocks are doing very well. It had been 6 months since my account sold anything - it got close a couple times, but this month it finally broke through.
The market just seems to march on, no matter what the economic news is, no matter who wins the presidency, no matter what is happening in the rest of the world. I doubt people are to the point yet of thinking that it can't go down significantly, so that is probably a sign that it will, at least for a little while, keep going up. But we never really know, do we? That's the beauty of AIM. Like I've said before, the only sure thing about the market is that eventually, it will change. I'm starting to feel comfortable that I have enough cash in my account to withstand a fairly hefty correction. I don't know if it would withstand a disastrous downfall, but hopefully it will be awhile before we have another one of those!
Monday, March 25, 2013
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