Quote:
Originally Posted by ValKehl
We have been tempted to move $$ from our high-yield savings account into our S&P 500 fund when we thought the stock market had hit rock bottom, but we've never had the courage to take the plunge.
|
Maybe instead of moving over a gigantic chunk when you think the bottom has arrived, move smaller chunks over periodically. That way you don't get burned quite so badly if the "bottom" keeps moving down.
Or even just switch your allocation a bit. If you usually invest X every month, then ramp it up to 1.5X or 2X while the market seems to be down.
Although that might require allocating away from other stuff, like cardboard, in which case it might be more painful than we want to admit.