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If you're investing a chunk of every paycheck, you'll keep plowing money into the index fund through every dip, which historically makes up for the money you ad
by Breza 3y ago
If you're investing a chunk of every paycheck, you'll keep plowing money into the index fund through every dip, which historically makes up for the money you add at peaks. You can spend a few years derisking as you approach retirement, which is similarly not that susceptible to recessions.
- alecco 3y ago> This is a terrible moment for index funds. I meant to put money in index funds right now. Not ongoing investment over a long time. And going back further to my original point, if I had money in funds now I'd move it to Money Market accounts because the risk of a stock market downturn is big (1987/2001/2008 style). You are not Soros/Buffett/Munger or a multi-billion dollar hedge fund.