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9/8 Thread (General):
How has talking to your matches been? ☺️
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What a power play. Who consulted on this one.

Waking Life. What the fuck.
Goodbye, platinum Amex. Expires in one month...
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Both. Dollar cost averaging. Add a fixed amount weekly over the next 6 months - year
Don’t necessarily disagree with you as I do DCA myself, but it’s interesting to note that LSI on average has higher Sharpe ratios and annualized returns than DCA, albeit at the expense of more frequent and more intense drawdowns.
I think what should be a part of OP’s decision is how much of a decline they are willing to see in this investment, as well as the time horizon. Assuming it’s for retirement, 10+ years away, I’d LSI all the way since that money will have ample time to recover from any downturns.
“So, to the extent that an investor believes the positive risk premia are likely to exist in the future, LSI would remain the preferred method for investing an immediately available large sum of money. But if the investor is primarily concerned with reducing short-term downside risk and the potential for regret, then DCA may be a better alternative.”
https://static.twentyoverten.com/5980d16bbfb1c93238ad9c24/rJpQmY8o7/Dollar-Cost-Averaging-Just-Means-Taking-Risk-Later-Vanguard.pdf
Rising Star
Can’t time the market so ...
Depends. For long term? Nah. It’s shown it matters more getting into the market as soon as possible vs. Waiting for a dip.
Best Bet is to add monthly and not wait for a dip as periods of time all have around the same level in the longer time frames
Dollar cost average for sure. When the market dropped like a rock in March, did you really think hey this is my chance, or were you scared to invest because you didn’t know if it would keep dropping
I invested 30k+ in March.
Of course, only buy when it’s about to go up and sell before it’s about to go down. The trick is figuring out when that it is...
A drop is inevitable at some point, the question is, Will the markets go up 30% before they drop 20%? Since you (or anybody for that matter) do not know that, the only option is to invest now and not try to time the market.
Rising Star
I expect around September. Here is the thought process. Enough people are vaccinated for free stimulus money to dry up. Then people who have access to money and time to follow Reddit and make day trades are back at work as offices have opened up and that further removes the demand from the market. Tech stocks that have crazy inflation will correct (30%) to historical PE ratios and stocks like GME will drop 90% to true valuations. That is what my crystal ball tells me
Pro
Time in the market beats trying to time the market. Tons of articles back this up. DCA fam.
Came here to say this ⬆️
What is this inevitable drop you speak of?
If the market is generally upward sloping (it is) there’s a chance the “drop” will be to a level higher than it is today.
Rising Star
There's money to be made now. Microchips, oil and gas, metals, etc. Not everything is at the top of its cycle. Plenty of room for growth in those spaces.
Depends on the time horizon. 30 years? Easy buy decision. 1 year? Stay in cash.
💎🙌💎
Whenever I see someone post questions like this I cringe at most of the responses. As someone who lives and breathes markets, I cannot stress enough that you should seek this information from better sources.
"As someone who claims to have the right answer, I'm just going to post a comment with no value"
Is it wise to buy low and sell high you're asking? Yes.