I've heard this said before and although I agree with it, the emotional aspect is making it hard for me to buy into this market for fear of catching the falling knife.
For reference, I'm only 30 years old and in addition to already maxing out my TSP contributions I've got 5-6 figures in savings that I'd like to invest on the side. I'm mainly sticking to ETFs at the advice of my friend in finance (he helped me pick some out that cover the weak spots of my TSP) and I've put about 15K into them during the dips in November and early December.
Right now my Vanguard ETFs are hitting their 52 week lows (and they keep getting lower) and although I'm actually not bothered by the value of my portfolio shrinking, the fear of missing out on a larger dip is making me hold off on buying into the market right now. This is basically like Black Friday shopping for me right now.
Please convince me to be rational about this.
Submitted December 24, 2018 at 12:35PM by Zerole00 http://bit.ly/2GE2anG
