Well you didn’t have to be patient too long on this one…
The Stock Market is surging today with the US and China agreeing to temporary tariff cuts. Nice to see the market in a healthy GREEN color to start the week. I’m sure things will temper themselves and there is the high possibility that in 90 days (when the temporary cuts come to an end), that we could fluctuate down again (if they impose or raise the tariffs again) or maybe even surge ahead (if they remain or get cut a bit more). Bottom line…just invest what you can, when you can!
Today I may do a little tax harvesting myself. Some of those big losses are now just smaller losses and I have a couple ETFs that have cut their dividends down over the past months/year or so. Good time to free up a little cash, take a small investing loss for tax purposes, and reinvest in something giving me higher returns. Or maybe hold a little cash in reserve to see what the next 90 days brings…besides more ice hockey and baseball payments and a second year of college tuition for the kids…
