Currently the market is ATH and many are saying that a correction may come by the end of the year. Should I enter the market now or wait for correction/dips?

Every year people are calling it overvalued and calling for defaults and market crashes worst than the great depression.

I remember in April last year where pessimism was at it’s peak, people were calling for bull trap, foolishness and market crash greater than Great Depression. Every time I shared I was extremely bullish, I will get a cynical comment from someone, certainly not fun emotionally and mentally.

But being an intelligent investor you must weigh the fundamentals and market sentiment yourself. Learn the recurring lessons the market has taught. Be fearful when others are greedy and greedy when others are fearful.

It will never be crystal clear what the future will hold, that’s the beauty of the market. But even if it doesn’t turn out how you thought it would, will that destroy your investments? Your stratergy should hold true regardless of the circumstance

I think it is unwise to be uninvested and timing tops and bottoms. If you really feel uncomfortable putting everything in, then keep a warchest of 10-20%. But don’t let that cash pile to 40-50% and continue watching positions reach new ATHs after another.

https://www.google.com.sg/amp/s/ofdollarsanddat...

Rewind 3-4 years ago when there were similar calls of corrections and a sorts of news on trade tensions, all sorts of prediction what will cause the next crash. remembered during that time robos was starting to be popular and a lot predicted that ETFs will cause the next crash (it turned out to be cauesd by covid instead)

back then i heard 2 experts' opinion - one was David Kuo (Smart Investor): market is expensive but compared to what? two is Christopher Brakins (TD ameritrade): market is all time high, but since the last crash market has continued to make all time highs.

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point is no one can consistently predict the markets. if there is like the covid crash again, are you prepared to go in? also remember during the covid crash, a lot was saying do not catch falling knife?

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my own strategy is DCA a little amount regularly. this way i buy high and also buy low. my way of knowing whether if something is suitable for me or not is to first buy a little. if it is keeping me awake at night, it probably it is not something i am comfortable with. if you are worried about DCA fees, perhaps you can choose a no fees broker such as TD.

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hope this helps.

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