Originally Posted by
Scoop
Mostly everyone is down a similar amount but are we really down if we don't sell and have a long term timeline? Same thing happened in 2000 and 2009 , I didn't sell either time and came out pretty good. This time I have a bunch of cash from selling a California house at the start of Covid and see this as a potential buying opportunity. The problem I have is the same as everyone else - when to start plowing money back in?
Scoop
I'm doing the same thing I did through all the other times the market has gone down or we've gone into a recession. Stay the course. I've got an asset allocation that's aggressive but I'm comfortable with given my time frame left until retirement and continue to DCA into my accounts. In fact usually I throw a little extra in when things are on sale. Worked out very well for me so far and I don't think anything is going to change. This time isn't different.