Still new to investing so bear with me. Does it make sense to sell my ETFs right now and then re buy in a month or so when the price goes even more down (assuming it does)? Or is the tax ultimately not worth it?

likehelpfulfunny
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Why are you so sure it’ll be down in a month? Why would it stop going down in a month? None of us have a crystal ball, and it’s been well demonstrated that time in the market beats timing the market.

Unless you’re holding something silly like ARK funds, relax and DCA.

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wait why is ARK silly

“Bear with me”

Heh… 📉

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That is definitely one strategy and it's not a bad one either. It is risky though. It's basically like shorting the market. If you believe markets will go down, there's absolutely no reason for you not to sell right now and buy at lower prices later. But this is a risky strategy so you need to be aware of that when you make this kind of trade.

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Thank you

Lol what an I reading….

funny

What is so funny?

What ETF do u suggest

I think growth is pretty risky right now with interest rates expected to rise over the next year. Personally I’m avoiding for now

No has asked the key question here - what short teem plans do you have for the profits, such as a down payment on a new home? If the answer is "no plans" and the objective for your portfolio is longer than 2 to 3 years at a minimum, than the advice to just hold and not sell is wise. Timing the market is extremely difficult, even for paid advisors. Check out www.bogleheads.org an online community for adherents of Jack Bogles investing guidance. Jack Bogle is the creator of the modern mutual fund and founder of Vanguard Investments. His books are well worth a read as well. Best of luck to you.

If you’re LT, DCA, that’s the play with ETFs in this market.

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