Hey guys, as the title suggests I could use some advice at this time. Now I know everyone's situation is different and everything should be taken on a case by case situation, but as an almost 40yr old with at maybe 20 years left in the market and a 1 year emergency fund already in place, should I still be dca'ing into the market when we are at the ath of the ath? It just doesn't feel right to me, as if we are at the top or nearing the top of a roller coaster, and we all know what comes next on that ride. But that is a feeling and there isn't room for that when it comes to investing.
I was DCA'ing in AVUV, AVDE, and AVEM in a Roth IRA, and in VOO in a brokerage. But for the last few months I've just been putting all disposable cash in SGOV.
I am just very uncertain of these times and unsure what the majority are doing and what they advise in the scenario we're in.
Need advice on investing/dca'ing
byu/Perfect-Result-1598 ininvesting
Posted by Perfect-Result-1598
6 Comments
Stop trying to time the market.
The thing about dollar cost averaging is to stay the course and not let emotions or news change any opinions.
Follow the name dollar cost average and average your purchase price over the long term. It’s not called dollar cost timing. Also, look into how often the US market spends at ATH
Do you know how often we are at ath?
The top of the market is always the bottom of the market in the future.
40 and playing it safe? That’s how you get to never being able to retire. Your 4% interest won’t get you very far