Earnings Season P/L Challenge | Share Your Smartest Move
If you do not have the time (nor deep financial know-how) to trade, the best move is to stay invested through market highs and lows. Decide on a feasible plan suited for your own trading/investing style, and stick to it (e.g. DCA every week/month/quarterly). My US holdings only consist of ETFs with diversified core-satellite strategy with sector/momentum tilts, plus Gold/Silver.
Don't worry about timing the market or buying the dip. Because....
Also on ST print edition 14 Feb.
I don't fret about missing dips. When I have some capital and it's time to DCA, I'll set a limit order a few notches below current/opening price and let it run. If it gets filled, good. If not, I'll try again the next day and so on. Eventually it will fill and I move on with life.
In the long term, time in the market is better than timing the market. I'm less of a trader, more an investor. Do what fits your financial goals. Don't copy and paste others because their risk appetite, goals, character may be different from you. Wishing everyone the best in your wealth accumulation journey!
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152514827 : Interesting and TY for the post. Which ETF are you buying/holding currently ?
-Archer- OP 152514827 : I'm holding 6 - VOO as my core, SPMO, VGT, VEA, VWO and VYMI, at different proportions.