• AdolfSchmitler@lemmy.world
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    13 hours ago

    If you aren’t trying to “time the market” why worry about moving things around? Just buy the dip and keep your auto contributions going. It’ll come back eventually right?

    • blitzen@lemmy.ca
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      11 hours ago

      That is generally my feeling, yes. But if I were a time traveler there’d still be two or three events I’d probably avoid. Will this be one worth avoiding?

      I get that the question is in contradiction to the statement about timing the market; I guess I’m just thinking out loud and wondering other people takes on it is?

      • AdolfSchmitler@lemmy.world
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        10 hours ago

        Fair enough. A money market is probably the best bet, the issue is always timing tho. I’ve been in mostly cash since the start of the year and missed like 10%+ at least

        That being said, idk how much higher the market can really go with so much downward pressure from hormuz/gas and by extension inflation, AI bills coming due, cc/student/car loan crisis, t-bill rates jumping, idk im sure i could think of more but you get the idea.

        I dont regret my decision tho, id rather be early than late in this situation.