Forever Portfolio: On Steroids

What I added today

Hi Multis

Today, I deployed my financial steroids. I would never even think about using those in real life, but in finance? Yes!

(Made with ChatGPT)

The markets showed a remarkable recovery today. While the S&P 500 was down about 1.5% early in the day, it ended in the green at +0.55%. The Nasdas was down 2.5% and, while it ended in the red, it was just 0.14%.

During the day, the Nasdaq was down 15% from its high and the S&P saw another correction (10% off from the previous high).

It's just enough to let my Steroids kick in. If you don't know what I mean, then you probably don't know my DCA on Steroids (dollar-cost averaging on steroids). This is my system to buy more when the markets drop.

So, if the market (which I see as the S&P 500) drops by 10%, I add 20% more to my portfolio. I looked back at March, and in that month, I added €3.5K twice. 20% of that total is €1500.

So, while the end of the day didn't see a correction, intraday, that was the case. That's why I added that 20% extra money to the Forever Portfolio. This is what I bought with it.