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by matwood
16 days ago
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What percentage drop do you need to consider it a 'crash' and to buy back in? Is it a drop from when you sold or the peak? What if the peak is another 20% higher and the crash is 10%? While you're sitting in cash, you're also losing to inflation each day. I generally consider timing the market such as this to be a fools errand, but if you're going to do it you need to have a plan beforehand and follow it. A target date fund does exactly this with allocations. |
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