Hacker News new | ask | show | jobs
by bombcar 1505 days ago
It's always a good time to buy if you're doing dollar cost averaging into index funds.

Trying to time the market is probably a fools game, much better spent trying to avoid total ruin.

1 comments

Yup, I DCA regularly, but thinking about whether this is a good opportunity to throw extra into an index fund like VTSAX or maybe solid individual stocks.

Extra would be coming from an account that I keep cash in for unforeseen opportunities.

As a rule of thumb, it's better to buy when the market's in the red than when it's doing well. As Warren Buffet said, "keep buying it through thick and thin, and especially through thin." (He was referring to an S&P 500 index fund.)