Anonymous wrote:
Anonymous wrote:I think you don’t know what “natural language” means.
+1
but back to OP's question -I believe there are so many more people participating in the stock market compared to a decade before. There have been folks who pulled money out in April, or even earlier so they invest when there is a dip. If many people buy the dip, then the dip is very shortlasted. Also, I feel there are many more buy and hold folks. Early in my career, I did a lot of trading selling and buying (mostly in 401k but also in brokerage) based on the market news. Now, I just shrug when market goes down and do nothing. My auto investments in brokerage just happen on the same schedule. I just don't check my portfolio value on the days when market is down significantly. I wait till the market highs (or near highs) to check my networth. It works for me.
My unpopular opinion is that S&P is the safest investment (inflation adjusted) out there as long as you hold for long time. We are still 6 years from retirement, when we get closer we will build a cash reserve for 1-2 years, so we dont have to sell stocks for our living expenses when the market is down. Otherwise for the next 5 years, I welcome all dips as buying opportunties!