Whenever I don’t have much going on in the stock market I use this as an opportunity to refine my overall techniques. For example, I just added VTI to the list of major stock market indexes I regularly track. The VTI is the total stock market index – sometimes it slightly outperforms the S&P 500 Index (the S&P 500 is about 80% of the total stock market), and other times the opposite happens. Both of these indexes suffer from concentration risk where the top 10 (or so) large cap stocks dominate – some investors/economists are greatly concerned about the concentration risk while others believe it’s appropriate since that is where most of the earnings growth is.
To help address the concentration risk of the S&P 500 and VTI, I am going to also add VTV (value stocks of large companies) and RSP (an equal weighted version of the S&P 500 Index) to my list of major stock market indexes I regularly track.
It’s always a productive use of time during quieter periods in the stock market to prepare for the next big move. Once a substantial decline happens – whenever that happens – I’ll be well-prepared to capitalize on it. I’ve updated my buy (https://brighterdayslifecoaching.com/a-structured-market-based-buying-strategy-for-investing-well-with-minimal-effort/) and sell (https://brighterdayslifecoaching.com/a-structured-market-based-selling-strategy-for-investing-well-with-minimal-effort/) strategies to reflect the above changes.
You can learn about all of my investing techniques via my “Invest Like a Pro in 10 Minutes a Day!” series of 4 books where you can learn the “end to end” process to investing. So, use any downtime you might have to your advantage by gaining this knowledge and learning these skills and techniques (https://brighterdayslifecoaching.com/published-books-and…/).
Also, you can read all about my stock market activities here: https://brighterdayslifecoaching.com/stock-market-activities.
I wish you much success in creating a brighter financial future for yourself, your loved ones, and those who follow!
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