Originally Posted by
CincoDeMayo
I have never understood the idea of someone, who is 20+ years from retirement, wanting their 401k and the market to continue to increase without corrections. You are investing "X" in every paycheck, and not selling it for 20+ years. Why would you want the price of the stock to continue to rise, lowering your buying power, resulting in less shares to sell when you are ready to retire. Dollar cost averaging is what makes long term investing so beneficial, buy the highs, buy the lows, jut keep buying.
Thats what I do. Mostly because I’m too stupid to try and time the market or play the PCRA game. I just put it all in one of the age based index funds and leave it alone. Prob could do better if I let someone else manage it but I’ve got 26 yrs to go...