Actually, I'm just watching the market right now. I paid our daughter's spring tuition/housing in early February out of our savings account. Her college fund is still invested in a balanced mutual fund. Thus with the market down and cash on hand I just couldn't bring myself to sell. This is really why we shouldn't have the money in the market at this point. I should have transferred it into a cash account. So for now, my goal is to wait and watch what happens. When it gets even better, I plan to withdraw the amount equal to what came from our savings. At some point, I'm going to start slowly transferring the balance to a cash account.
If we use my husband's GI bill for the next two school years, we won't need any of those funds. It would be nice to have it grow, but I also don't want to lose anything either. So cash it will be it seems.
In other news, I redeemed $12 in Pinecone Rewards yesterday, along with $17.90 from recent eBay sales. I'm using these funds, and Amazon gift cards, to buy a few items on Amazon. Needs. Primarily engine and air filters for our vehicles. I also bought a shower cover for our drain. It was clear it was needed after cleaning the drain recently. I like that I could make these purchases with non income cash!
I'm Timing the Market
March 4th, 2016 at 03:10 pm
March 5th, 2016 at 12:24 pm 1457180691
March 5th, 2016 at 12:48 pm 1457182103
March 5th, 2016 at 03:50 pm 1457193026
March 6th, 2016 at 03:14 pm 1457277287
Hopefully the market will continue to rise at least until shortly after I take the money from my ROTH for the downpayment.
March 6th, 2016 at 08:14 pm 1457295280
You are smart buying those items with your non income cash.