3 ms·
Well, if you know it will go down, you shouldn't invest. In general for IRA stuff the sooner the better though.
by eof 9y ago
Well, if you know it will go down, you shouldn't invest. In general for IRA stuff the sooner the better though.
- kspaans 9y agoIf the money isn't going to be used for 30+ years it really, really doesn't matter if it gets invested today right before a downturn. And if it is going to be used in significantly less than 30 years it should be something other than stocks (like bonds perhaps).
- kgwgk 9y agoIf he buys today for 100 something he could have bought in a couple of years for 65, I’m not sure he will agree that “it really, really doesn’t matter”. Market timing is difficult and there may not be a crash but stocks are objectively expensive now and it’s hard to see how the recent performance could continue for long: https://www.gmo.com/docs/default-source/research-and-commentary/strategies/asset-allocation/the-s-p-500-just-say-no.pdf https://www.gmo.com/docs/default-source/research-and-comment...