> Anecdotally I sold all of my non retirement stocks and am sitting on cash. This is a bad idea. Even if you could predict when the dip occurs—which is impossi

> Anecdotally I sold all of my non retirement stocks and am sitting on cash. This is a bad idea. Even if you could predict when the dip occurs—which is impossible—it's still better to be in the market: * https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co... While you may miss the bad days, you will almost certainly miss the good days—and those are key to getting good long-term returns: > If you missed just the 25 strongest days in the stock market since 1990, you might as well have been in five year treasury notes. * https://theirrelevantinvestor.com/2019/02/08/miss-the-worst-days-miss-the-best-days/ https://theirrelevantinvestor.com/2019/02/08/miss-the-worst-... > Looking at data going back to 1930, the firm found that if an investor sat out the S&P 500′s 10 best days per decade, total returns would be significantly lower than the return for investors who waited it out. * https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html https://www.cnbc.com/2021/03/24/this-chart-shows-why-investo... > J.P. Morgan Asset Management's 2019 Retirement Guide[1] shows the impact that pulling out of the market has on a portfolio. Looking back over the 20-year period from Jan. 1, 1999, to Dec. 31, 2018, if you missed the top 10 best days in the stock market, your overall return was cut in half. That's a significant difference for only 10 days over two decades! * https://www.fool.com/investing/2019/04/11/what-happens-when-you-miss-the-best-days-in-the-st.aspx https://www.fool.com/investing/2019/04/11/what-happens-when-...