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Anonymous
General trend seems bleak in the near term at least, are there more upside to hold cash and wait for better investment opportunities. NOT talking about cashing out existing portfolio, more so on saving bullets in case better opportunities come later half of the year.
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Andy Sim
20 Mar 2020
HR Professional at a Financial Institution
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Just Being Ernest
20 Mar 2020
Content Creator at www.youtube.com/c/JustBeingErnest
As you are doing DCA, you are actually buying more stocks at cheaper prices.
Unless you know when is the bottom, i dont see a reason why you should halt unless you need the cash for other reasons.
I make videos about interesting stuff at youtube here
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That is timing the market. You will never know when the market bottoms or when it'll start to recove...
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Hi Anon, you'll never know when the market will suddenly go up again or how long the bear market is going to last. What I do, is to find good companies after doing my due diligence, and enter the market at several tranches since the prices are roughly depressed already. I.e. I enter now at xx price, if after some months it dropped further by another 10%, I'll buy again at the cheaper price. So this is sort of like DCA, at least you secure the price first. Further more, DCA works better in a bear market, so I'd stay invested or get invested.