do I just keep buying more VTSAX or....?
what else is there?
/SMG/ General thread
Grayson Anderson
Gabriel Rivera
>so what happens to me and my people?
The same thing that happens to every illegitimate terrorist state. FREEDOM, MOTHERFUCKER.
Julian Rodriguez
I was thinking about just investing for the next year, pulling out and saving till the next big crash to be honest. Then going basically all in with my saving on the post crash. And thanks for the advice. If that would happen to me that is what I'd do, just ride it out. I wouldn't just freak out and cash out to try to minimize my losses during a huge market crash. I'm not that dumb.
Nathaniel Mitchell
VTSAX
STACK
STACK
STACK IT UP
You might be waiting for a while, fren.
Ryan Hughes
That's understood, but market crashes do happen. You said you want to have this money for you in the next 4-5 years. Even if you assume that stocks will give you the longest return over the long run (which is not necessarily a safe assumption), if a major drop happens in those 4-5 years (which is not an unreasonable possibilty), you may be forced to either cash out your stocks at a innoportune time in order to get the funds for your down payment on your house, or alternatively, you may be forced to delay buying a house past when you would have liked. I just wouldn't dump 100% into stocks. If you're specifically saving for a down payment 4-5 years in the future, I would invest the minority of those savings (that are specifically for that purpose) in stocks.
Jacob Ortiz
The "next big crash" is happening right now fool.
Lincoln Gutierrez
any money you can afford to not need for 5+ years should always be in 100% equities
ANYTHING else is big yikes
it feels kinda of boring just going 100% VTSAX, but its so highly based what else is there to do? I own some SSO and QLD too but eh, its all about that VTSAX
Parker Stewart
Good call. I'll probably decrease the amount I invest to around $500 to $600 a month and put $800 in savings then. I'll probably end up pulling out most of it before the election next year gets close as I'm guessing the market is probably going to go down then.
I appreciate the advice. I just started an actual career and being at a place where I'm able to save and try to make something of myself, so I'm trying to figure out what would be best for my financial future.
Brandon Harris
You could always sell calls against your vtsax if you've got a bunch. I also recommend the spy high div fund SPHD if you want some good divs. Highly recommend for any index investor.
Austin Garcia
Which means it's a good time to start buying some stocks while they're cheap, right?