Who is buying s&p now??

[WorkforFIRE]

Market is falling…anyone throwing extra cash into VOO/VTI?

for young doc like myself, I feel like this is an opportunity of a lifetime. I didn’t have money in 2008 and 2020 went too fast.

would love to know everyone’s thoughts!

[Lordosis]

Burn baby burn! Turn this 20% sale into a 50% clearance!

[Lithium]

Opportunity of a lifetime? In terms of NAV, the S&P was just here three practically three months ago. Bear markets come every 3-4 years on average.

With that being said, I did kinda luck out by doing my mega back door Roth for 2021 ($58k) last week. I probably could have done it sooner but I waited until I got my 2021 taxes done.

the worst thing about bear markets for me is I feel pressured to work more and spend less.

[CordMcNally]

Same as I always have. We set aside some cash for a home project and it looks like we set aside more than we’ll need so I guess we’ll be investing a touch more than normal but I usually try to overestimate costs so this usually happens. Nice that the market is down from the highs but it’s still got further to go.

[Larry Ragman]

Sure, if you have extra cash and are willing to commit it long term. Current prices are likely lower than they will be in a decade so investing extra cash now is almost certainly a win. But how will you feel if the market drops another 20% for whatever short term reason? More generally your investment plan should encompass occasional market downturns and what you will do. So if you think this through and decide to invest cash you have on the sidelines, try to capture why in a plan update.

For myself, I would say the math of DCA into low cost index funds specifically works because one consistently invests as the market goes up AND down. Extra cash invested at a nadir obviously helps, but market timing is notoriously difficult. I would not keep money on the sidelines just for such a scenario. I’d say rather keep funds earmarked for investment fully invested and hold funds earmarked for other purposes (e.g., house purchase) separately. Put it all down in your plan.

[WorkforFIRE]

Opportunity of a lifetime? In terms of NAV, the S&P was just here three practically three months ago. Bear markets come every 3-4 years on average.

With that being said, I did kinda luck out by doing my mega back door Roth for 2021 ($58k) last week. I probably could have done it sooner but I waited until I got my 2021 taxes done.

the worst thing about bear markets for me is I feel pressured to work more and spend less.

I meant opportunity of a lifetime if this thing continues to falls to 40-50% down.

Honestly, not sure what to do. I always front load my 403B, backdoor roths, and other investments at the start of the year. So I am down big time. Hopefully, by Jan 2023, it’s still down so I can front load again.

i have a few hundred K sitting around for a remodel that I may dump into the market if this drops big time before end of year, but really not sure what to do…

[Tangler]

yes, buying extra, working more, spending less.

[Tim]

Opportunity of a lifetime? In terms of NAV, the S&P was just here three practically three months ago. Bear markets come every 3-4 years on average.

With that being said, I did kinda luck out by doing my mega back door Roth for 2021 ($58k) last week. I probably could have done it sooner but I waited until I got my 2021 taxes done.

the worst thing about bear markets for me is I feel pressured to work more and spend less.

The behavioral finance trick is frame it as a positive, burning the candle at both ends to build something to reduce pressure later.

[Larry Ragman]

I meant opportunity of a lifetime if this thing continues to falls to 40-50% down.

Honestly, not sure what to do. I always front load my 403B, backdoor roths, and other investments at the start of the year. So I am down big time. Hopefully, by Jan 2023, it’s still down so I can front load again.

i have a few hundred K sitting around for a remodel that I may dump into the market if this drops big time before end of year, but really not sure what to do…

OK, you have a cost benefit analysis to do. This will be more qualitative than quantitative because the trade off is enjoyment of the remodel versus slightly higher long term market returns (=perhaps shorter time to FI or RE?) Time in market is usually better than timing the market. FWIW my prediction is market down a total of 30% from highs before next bull begins. But who knows? If you invest your remodel fund it may lose money for a bit and your house will still need to be remodeled. How much more will the remodel cost in a few years? Will you cash flow it, or sell stocks to pay for it?

YMMV but my input to the hive mind is use the money for the purpose you set it aside. My answer would be different if this was a windfall. But life is short, and you (and partner?) obviously wanted the remodel enough to save for it.

[Lordosis]

The harder question for me is will I buy ibonds in January if the market is still down. It seems silly to divert even 20k at this buying opportunity. It was much easier when the market was at all time highs.

[Tim]

The harder question for me is will I buy ibonds in January if the market is still down. It seems silly to divert even 20k at this buying opportunity. It was much easier when the market was at all time highs.

And Ibonds were low. I really suggest you go back to your original approach.
What is you desired LT allocation and desire for cash and inflation protection.

Just a reminder, you are building an all weather long term portfolio. Regardless of the market performance. If you don't fill out that cash and inflation piece now, you will fill it out later. Just saying, you are rationalizing the "thrill or betting " which one is better. $20k in whatever is unimportant, the important thing is putting away the $20k. Flip a coin, your playing behavioral finance gratification. That is ok, $20k going in.

[MMJB LLC]

Market is falling…anyone throwing extra cash into VOO/VTI?

for young doc like myself, I feel like this is an opportunity of a lifetime. I didn’t have money in 2008 and 2020 went too fast.

would love to know everyone’s thoughts!

If you like it at 3700, you will love it at 2500.

[Tangler]

The harder question for me is will I buy ibonds in January if the market is still down. It seems silly to divert even 20k at this buying opportunity. It was much easier when the market was at all time highs.

Yep, I think I will try to do both but at some point you must decide: more this or more that? Overall AA for long run?

If the market is still down in Jan I think there will be a lot of moaning and it might be a great time to buy!

I just hope the ice fishing is good too this Jan / feb......Oh....sorry....wrong forum.

[burritos]

Q2Wx2(mine and wife’s retirement account) Q2W on the staggered weeks for my taxable(sometimes it’s SP or Mid cap or Small cap depending on which plant needs more watering).

[chocolatebear11]

There’s the saying don’t fight the feds. Does anyone believe that or looked at previous history to see if feds action on interest rate correspond to market?

fed is going to increase interest rates until economy tanks, which will prompt to reverse and cut interests rate. Recent bias is the Covid crash when feds cut interest to 0 and started QE and market bottomed.
Has anyone who has been in the market longer seen that history repeat itself?