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I'd actually prefer there to be a crash now**
Doesn't this depend entirely on how much you have already invested vs. how long you expect to buy units for on the cheap?
If you've already got a load invested, then a drop in the market so your monthly price buys more until prices increase again has to last longer for you to be better off.
The higher your monthly acquisitions are as a % of your total investment, the more this makes sense. What matters is how many years gain a drop in market wipes out.
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It all depends on your investment horizon. If I wanted to retire next year then yeah I'd be shitting it, because I'd be wanting to sell soon.
As I don't want to retire for another 15 years, I'd actually prefer there to be a crash now**, so that I can buy at a cheaper price, and reap the most benefits of the bounce-back.
HODL
** obviously sucks for whoever's on the receiving end though.
This
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andyfallsoff
ChainBreaker
@Drakien
It all depends on your investment horizon. If I wanted to retire next year then yeah I'd be shitting it, because I'd be wanting to sell soon.
As I don't want to retire for another 15 years, I'd actually prefer there to be a crash now**, so that I can buy at a cheaper price, and reap the most benefits of the bounce-back.
HODL
** obviously sucks for whoever's on the receiving end though.