I added to my IOC and CMO holdings today, and put in the instructions to transfer another chunk of cash into the trading account. Think of it as ‘averaging in.’
I’m still holding about a year and a half of living expenses in cash, and will keep bringing that cash into the trading account as things get cheaper, subject to a hard limit of keeping a year of cash out of the market.
My apologies to anyone following my lead, because it always seems to be a painful process with a little more downside after I buy (e.g. ELN, NLY and ANH the other day). If only I could buy three days after I actually buy, but the existential time-shifting issues get me too confused when I try to figure out how to do it.