Maybe I’m just being optimistic, but if you still have 15/30 years on your retirement horizon, this does not matter much and dollar cost averaging will make up for this in the end? I know people that “lost” their retirement in the 2008 recession because they sold rather than waiting for a recovery.
Maybe I’m just being optimistic, but if you still have 15/30 years on your retirement horizon, this does not matter much
Really depends how things shake out. I mean, stocks were pretty overvalued etc so some correction felt inevitable.
But, if stocks continue to drop or this insane trade policy lasts long enough to actually restructure the economy, well it’s likely that individual American turns would have less potential for growth and profit you’d thus expect their stocks to have lower potential growth.
But if you’ve got a 30 year time horizon, yeah, very little is super disastrous so much as just a tragic missed opportunity.
Maybe I’m just being optimistic, but if you still have 15/30 years on your retirement horizon, this does not matter much and dollar cost averaging will make up for this in the end? I know people that “lost” their retirement in the 2008 recession because they sold rather than waiting for a recovery.
Really depends how things shake out. I mean, stocks were pretty overvalued etc so some correction felt inevitable.
But, if stocks continue to drop or this insane trade policy lasts long enough to actually restructure the economy, well it’s likely that individual American turns would have less potential for growth and profit you’d thus expect their stocks to have lower potential growth.
But if you’ve got a 30 year time horizon, yeah, very little is super disastrous so much as just a tragic missed opportunity.