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Author Topic: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today  (Read 1527 times)

SpendyMcSpend

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Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
« 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.
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BrightFIRE

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Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
« Reply #1 on: November 02, 2018, 12:36:20 PM »
Yes. The sooner, the better.
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dandarc

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Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
« Reply #2 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/
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Scortius

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Re: Have $180,000 invested in the market and $70,000 in pre-tax cash to invest today
« Reply #3 on: November 02, 2018, 02:58:20 PM »
Hell, even if you were market timing, you couldn't do much better than right now!
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