View Single Post
 
Old 03-12-2020, 12:26 PM
tophcfa's Avatar
tophcfa tophcfa is offline
Sage
Join Date: Feb 2015
Location: Wherever I happen to be.
Posts: 5,983
Thanks: 2,822
Thanked 8,932 Times in 2,702 Posts
Default

Quote:
Originally Posted by villagetinker View Post
IMHO, I would wait a little while, I do not think we have seen the bottom yet, and this drop is so big, even if you start buying on the upswing, you will probably still make out well.
Agree, if you decide to buy an index fund, don't put it all in now. Perhaps put in a small portion in now and add to your position over time if/when the market continues to trade off. It doesn't feel like we are near the bottom yet. Personally, I am another very bad day for the stock market away from where I plan to start gradually buying into an S and P index fund.