Name:   MAJ USA RET - Subject:   Now's a good time to walk your horse Date:   12/27/2018 9:03:26 AM

So 1000 pts was about 4 ½ percent.  Yes… maybe that wasn’t enough. So much of our tech industry is vaporware…  I don’t know how much.  I was expecting a correction of about 10% but, would just have to live through (again) as much as 20%.

I wonder how many investors sold off over-valued tech for energy, transportation, retail, and heavy industry… rode the vaporware to this artificial high and then converted.

When I buy stock symbols, I stay with PE below 30 and go immediately to dividend reinvestment.  My broker annually advises me when and how (but not what) to rebalance my mutual funds.  Each year he advises me to dial back a little more on risk… something to do with age… imagine that!

I am still doing the ol' 4% per year distribution... RMDs first.