What are you buying today?
Are you all buying the dip? If so, are you just loading up on SPY, VTI, and existing positions in general or are you buying new names?
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Slowly continuing to add to VOO
This is the way
Barely have any cash to buy. Once again my age group gets fucked while you all get to load up for cheap after I put my signing bonus and first checks into the market at the highs...
That’s on you not wtv age group you’re in
How so? I just got out of school in May...why does this site have so many daddy's moochers
Ah yes, I hate those SEC regulations that ban dollar-cost-averaging (or holding X% capital in reserve for dips) for folks under 35.
Very funny smartass. You know exactly what I mean. Typical PE associate snark
No, I really don’t. The amount of $ you have is totally immaterial vis-à-vis your choice between 1) dollar-cost-averaging or 2) ripping your entire liquid net worth during a time valuations are (/ were) at an all-time high.
Fwiw, I’m actually in favor of your approach on the whole — I maxed out my 401k this year already, for example. More time in the market is going to be better in the long-haul, even if we occasionally get pinched during times like these. But it’s a personal choice in capital allocation strategy, not some sort of systemic flaw.
I have a hard time buying the index down 12% here when there are so many individual names down double that. Looking at MSFT, GOOGL, MS, BX
Alibaba, Biotech, tech (fb)
Catching falling knives man
Guess we’ll see
Got UPRO SOXL and TQQQ
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