I have a wealthfront account with ~30k that has made about 10% in 2 years. I am convinced that the market will crash this year so I have an inclination to pull that money out of the account. Nowadays we have access to so much more information that a crash can almost be anticipated IMO. Is it worth the tax to pull it out, sit until the crash and reinvest? I know this is not traditional, just curious about the bowls opinions

likefunny
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The market has returned like 36% in the last 2 years. What are you holding in wealthfront.....?

This bowl, myself included, would strongly advise against this. You're essentially trying to time the market. It's obvious you're not an experienced investor, and even experienced ones have struggled here.

Think about how 92% of active funds have failed to beat the S&P500 over a 15 year time frame. These are people with more time, people, resources, and information than you. Bears have predicted 20 of the last 3 crashes. There is ALWAYS someone calling for a crash, and one day they'll be right and say "I told you so." Many people thought this last year and the previous year. Oops, market is up 36% lol.

Could this end up in your favor? Sure, but it would be due to luck, not something you found online lol. If you see the info, it's already priced in. Hang onto your investments and ride the waves. Stonks only go up my friend.

likesmarthelpful

You don’t need to liquidate. Just do an in kind transfer.

Nowadays we have access to so much more information and the big market participants whose trades determine prices have access to even more information.

More information doesn’t help you predict crashes. Understanding markets and the economy batter than the asset-weighted average market participant does and it’s all but guaranteed you don’t.

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Economy batter. I would buy that. Have a feeling it will raise when subjected to hot air.

Only 10% in 2 years? That’s much less than I would expect.... What were you holding?

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How old are you. Your risk should be higher probably

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depends on your needs!

What are you goals with this account? Considering taxes etc. have you made the returns you wanted to use this money for (like on a house down payment for example, or to spend a year traveling?)

Yes, take it out. If not, you’re just wealth building then leave it.

likesmart

Did you anticipate the “crash” from two weeks ago, OP? I assume with your information you saw it coming? Or Facebook’s enormous dive?

If you did not, as I would guess, then I think you need to reevaluate your statement that we can see a crash coming with better information.

Dollar Cost Average. Making small monthly investments consistently always pay better over long term than any of these tactics. Stay in the market, keep putting in small chips regardless of bull or bear market. When a recessionary crash happens (down 25% or more), make big purchases.

If you have the ability to do what you claim you can do, you don’t need to worry about 30k. You will be a billionaire

Don’t do this lol

QQQ for life

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