What I Bought When Stocks Tanked
As those who have followed this column for a while know, I become nervous during stock market rallies and practically gleeful during market corrections. So when the market dropped by 7.8% over a one-week stretch in early February (which happened to contain my birthday), I considered it a gift.
Why? I was holding more than $26,000 in cash in the Practical Investing portfolio that I wanted to deploy.
