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> My Michael Burry senses are 'go to cash and don't come back' at this point. And when do you get back in? Sitting in cash, waiting for the dip, is a losing s
by throw0101a 1y ago
> My Michael Burry senses are 'go to cash and don't come back' at this point.
And when do you get back in?
Sitting in cash, waiting for the dip, is a losing strategy (even if you knew when the dip will occur, which you don't):
* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
Simply put in a little from every pay cheque.
If you think things are too wild, invest in an ("all-in-one") asset allocation fund that is not 100% stocks (e.g., fixed 80/20, 60/40):
* https://investor.vanguard.com/investment-products/mutual-funds/all-in-one-funds https://investor.vanguard.com/investment-products/mutual-fun...
* https://www.ishares.com/us/products/239729/ishares-aggressive-allocation-etf https://www.ishares.com/us/products/239729/ishares-aggressiv...
* https://investor.vanguard.com/investment-products/mutual-funds/profile/vasgx#portfolio-composition https://investor.vanguard.com/investment-products/mutual-fun...
* https://www.vanguardinvestor.co.uk/investments/vanguard-lifestrategy-80-equity-fund-accumulation-shares/overview https://www.vanguardinvestor.co.uk/investments/vanguard-life...
* https://www.vanguard.ca/en/product/etf/asset-allocation/9579/vanguard-growth-etf-portfolio https://www.vanguard.ca/en/product/etf/asset-allocation/9579...
* https://www.blackrock.com/ca/investors/en/products/239447/ishares-balanced-growth-coreportfoliotm-fund https://www.blackrock.com/ca/investors/en/products/239447/is...
or a target date fund (which increases bonds as you approach your retirement date).
- rogerkirkness 1y agoI am all in cash outside of startup shares. I think it makes sense to be in the market, but compared to 2008, there is way more government fiscal issues, way more concentration of profit growth (e.g. only the top 10 companies have had profit growth in the last 3 years). Way more risk is in the system.
- throw0101a 1y ago> I am all in cash outside of startup shares. Completely (retirement and 'regular' brokerage)? What criteria (if any) will you use to get out of cash and start buying again?