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Vanguard index funds are pretty much anyone who isn’t wealthy needs. The only think I can’t figure out is why isn’t it possible to park USD 5k in cash in my Ro
by mcny 5y ago
Vanguard index funds are pretty much anyone who isn’t wealthy needs.
The only think I can’t figure out is why isn’t it possible to park USD 5k in cash in my Roth IRA at Vanguard every April and have them buy VTSAX if it goes below some threshold automatically say USD 60.
- PascLeRasc 5y agoYou're hoping to "buy the dip" here, right? You can set up a stop order to do that. It'll just have to be for the ETF version of a fund.
- auxym 5y agoTurns out that the old adage "time in the market beats timing the market" almost always wins, and there's no upside to trying to buy the dip: https://www.pwlcapital.com/resources/buy-the-dip/ https://www.pwlcapital.com/resources/buy-the-dip/
- PascLeRasc 5y agoThere's no upside to buying the dip for you. It's exhasting how any HN investing discussion gets watered down by unsolicited anti-intellectual personal finance advice.