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This is the wrong thing to do. Don't try to time the market. Here's some reading for anyone that wants to understand the basics and learn how to avoid investing
by brndnmtthws 9y ago
This is the wrong thing to do. Don't try to time the market. Here's some reading for anyone that wants to understand the basics and learn how to avoid investing emotionally:
https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_...
Pay close attention to the "Diversify", and "Never try to time the market" sections.
- Spooky23 9y agoBogleheads are always thinking in a tight set of assumptions that may not be meaningful to you. There's also an assumption that you aren't capable of meaningful analysis. If I'm following boglehead dogma, I have at least my age in fixed income and cash. When you see a market crash or correction, it's wise to stick your head up and look around. In 2009 was it smarter to buy good companies driven down in price due to the financial panic? I would argue yes. When you can buy a quality equity at a firesale price, it's a better investment than BND.
- brndnmtthws 9y agoIf you stick to your target allocation and rebalance as needed, you'd be doing just that.