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Learning, Sharing, and Teaching => Investor Alley => Topic started by: SpendyMcSpend on November 02, 2018, 12:27:35 PM

Title: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
Post by: SpendyMcSpend on November 02, 2018, 12:27:35 PM

I plan on picking one of the no-fee total market (U.S.) mutual funds and leaving it there for a very long time.  Is today a good day to invest it?  I can buy the mutual fund at the end of the day.

Title: Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
Post by: BrightFIRE on November 02, 2018, 12:36:20 PM

Yes. The sooner, the better.

Title: Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
Post by: dandarc on November 02, 2018, 12:37:09 PM

Given that nobody can predict future returns, I'd say today is a good day to invest. Not quite as good as yesterday, but better than tomorrow.

The timing of one purchase - even for 30% of your portfolio - won't matter that much over the long term.

Also - remember Bob's story:
https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/

Title: Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
Post by: Scortius on November 02, 2018, 02:58:20 PM

Hell, even if you were market timing, you couldn't do much better than right now!