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Reply to "What stocks or ETFs are you buying now?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I just cashed out 180k of an expensive mutual fund to move to ETFs. Will put all of it in VTI and VXUS. Just trying to time it a bit as I expect another market dip. Right now seems a little unreliable. Not asking for much of a dip. 5% is just fine. 10% is perfect![/quote] Such a weird way to think. It seems more likely to keep going up rather than down (see all of recorded stock market history). I’d go by that rather than a gut feeling / market timing strategy. Check out the many threads on here in recent days to see how market timing typically goes.[/quote] In a typical year the market drops an average of 10%. It rebounds, naturally. It makes sense to wait for a brief dip (we've had one like clockwork these past few years). I have plenty of other funds in the market. I know we can't time it.[/quote]
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