Updated over 8 years ago on . Most recent reply
The next market carsh
Okay, so as we all know the stock market has been on winning spree for quite some time now. With all time highs across the board, one can see why there is a bit of a fear that stock prices will come crashing down eventually. Now, whether that is going to happen this year or 5 years from now, there's a solid chance that when the market crashes again it will sink lower than our current levels. That being said, do you think it is a good idea to keep a thick chunk of cash in CD's or other safe assets and just hold off on investing in things like index funds until the opportunity presents itself? or would you rather just put that money in the market and let it ride?
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A significant amount of research indicates those who buy and hold an appropriately allocated and diversified portfolio outperform those who attempt to time the stock market. Read anything John Bogle has written. You'll be glad you did.
Best of Luck on Your Journey!