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Reply to "Dow below 40000 by end of the year "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My guess is around 47k, but I will continue to DCA[/quote] Me too. It's what I've done for every other crash, and it's worked out fine. Money I need in the nearterm (529 plan for high schooler, emergency fund) is already in cash equivalents, and I have a job, so it doesn't matter. [/quote] Unfortunately, not everyone understands that is exactly what you need to do. If you need it in next 2-3 years, it should be in cash equivalents. Otherwise let it ride the market and don't check too often and DCA in and take advantage of the lower prices. [/quote]
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