Asked by Anonymous
Asked on 30 Jun 2018
Can someone post on FB too, so i can follow more comments :D
Price vs value
During recession, I will buy more as the price is cheaper.
The one thing I will not do is panic selling. Because you r locking in your loss.
I will buy more during recession to take advantage of the low prices. Buy low during arecession and sell high during a boom. I will opt for auto-optimizer.
Don't panick sell, and continue with your investment strategy. If you have spare funds, it would be a good time to buy more at discounted prices. Personally, I might rebalance my portfolio (selling the winners, buying the losers) to lock in some profits.
First thing I will do, put more money into my robo advisor.
Auto-optimize is a good choice but it is up to personal choice, I think it doesn't matter much since its dollar cost average over many years.