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Index funds go well with a dollar cost averaging strategy. If it goes down, keep buying the same amount every month so you endup acquiring more at a lower cost.
by bsvalley 8y ago
Index funds go well with a dollar cost averaging strategy. If it goes down, keep buying the same amount every month so you endup acquiring more at a lower cost... which means when (and not if) it goes back up, you amplify your original gains.
Honestly within the next 20-30 years, if the US economy goes down, it’ll most likely recover. If not, we’re talking asteroid or major natural disasters.