I'm Sitting On a Record Amount of Cash: Here Are 5 Stocks I'm Looking to Buy
A little over two years ago, the benchmark S&P 500 fell by 34% in just 33 calendar days. It was the fastest the widely followed index had ever plunged by 30% (or more) in its storied history, and I threw every cent I had in available cash at a smorgasbord of stocks I'd been watching and wanting to buy.
Since the March 2020 pandemic bottom, I've purchased a few new stocks and added to others. However, I've been predominantly building up my cash hoard. Following a few recent stock sales, I'm now sitting on my largest nominal cash position in my nearly quarter of a century as an investor.
Image source: Getty Images.
Source Fool.com