I’m still dollar-cost averaging. I get paid every two weeks and I contribute the max to my 401(k) and that goes automatically into a few index funds. I also make periodic investments in the SPY outside of my 401(k).
More importantly, I haven’t pulled out of any of the investments I’ve made over the last several years. Slow and steady wins the race.
And yes, I did say 10K on Monday. That’s how low I think the market could go before this is all over. It doesn’t mean I’m selling though. Since I’m not a trading genius like Barnaby, I plan to continue dollar cost averaging over the next 15 years regardless of how the market does in the short term.
I’ve yet to see any of the trading geniuses say what they are doing in real time. It’s always “I’m up 200% for the year” or some BS like that.
