So, I know it's time in market vs timing the market, but we'd all agree things are a little bit uncertain at the moment, no?
Long story short, I recently sold an investment property and have about $80K to reinvest into tax sheltered accounts. I'm going more heavily into bonds (about 30%) because we might need the money in a year to buy another property, but the remainder was going to be split across my CA/US/Intl index funds.
Do I buy tomorrow, or do I wait until Wednesday!?
(Recognizing it's impossible to predict the future, what would you do?)
My habit is to buy stocks monthly at the end of the month.
If before the end of the month there's a sell-off I'll take advantage of it and buy stocks then.
If I have extra money I always invest it as soon as I receive it.A range of uncertainty is ever inseparable from stock markets: On November 4th, or a few days later when there appears to be a reliable tally that indicates the winner, stock markets may surge or plunge but no one can reliably predict only a surge or or only a plunge or the magnitude of either.
Here are some post-Election Day possibilities that can affect stock-market performance:
If Biden wins:
1. There may be a quicker injection of stimulus which is likely to spur the stock market.
2. Investors may fear a change in tax policy and sell their stocks
If Trump wins:
1. Tax cuts/deregulation remain in place which is positive for stocks
2. Does his combative trade policy portend more tariffs not conducive to economic growth? If this perception obtains there might be a bit of a sell-off.
OP, if the "remainder...to be split across [your] CA/US/Intl index funds" is for the long term, I wouldn't worry about stock-market ups and downs immediately following Election Day.