Related Posts
Hi, I'm leaving Citi in 2 months.It's hard to make this decision. I have an offer from a small startup.In citi, my previous experience was not considered and was reskilled to different tech which is the reason for change.I don't like to exit citi. As I like the company so much.But considering my current knowledge,I am in the middle of the sea.I am afraid now that the new company's offer would be revoked due to this recession?Or can I take back my resignation in citi before the last working day.Is this wise decision?
More Posts
Favourite Super Bowl spot?
Additional Posts in Stocks
Thoughts on Fiverr
$2k into XLV or VHT?
New ARK merchandise!
Why is Abbvie tanking?! Don’t see any news
New to Fishbowl?
unlock all discussions on Fishbowl.






Market is done. Been buying gold and silver.
Like… forever?
Chief
No. I’m shorting stocks and long bonds & gold.
If you want to DCA for years that’s fine. Make sure your time horizon and strategy are aligned. I did DCA out of bschool in 2006-2008 and saw my 401k lose half its value. That was fine because I was just starting out. I was up 40% in 2009 and rode the bull market for another decade. It’s a little different for me now so I’m very active.
Exactly, oil is up 50% recession is sowed in. Gold silver bonds are the only way
I have been feeling the same way but I’m not even going to try to time this bottom. As soon as I stop dollar cost averaging the market will either set a bear trap that falls out from under me or it will skyrocket to the moon/new highs
I think your time horizon matters a lot here. DCA will serve you well if your savings goal is 5+ years from now. Better if longer. You'll be okay even if it devolves into a prolonged bear. If you're trying to buy a house in 2 years, yeah I'd probably start holding a lot more cash or go metals or bonds as others are saying. This market has been super volatile and unpredictable.
Isn't it better to open a new brokerage account and buy the stocks you are planning to DCA on the existing account? This way, you would atleast get profit from the new account in a relatively short period of time than what you would by DCAing the existing one.
You’ll have separate tax lots and much easier tax reporting if you trade on one platform