My little sister graduated from college and started working about a year ago. She finally scrounged up enough money to make 2016 and 2017 contributions to a Roth IRA.
I tell her to put it all into ITOT (she decided to go with Fidelity), but she's kind of hesitant since she thinks the market is "too high". She thinks she can time her purchase.
Is her thinking wrong? I mean, valuations do seem rather stretched right now and I have done market-timed trading in the past, so I do have my biases. FYI, she's 24 and plans to retire in her early 60s if possible.
Submitted April 25, 2017 at 10:02AM by rimlogger http://ift.tt/2peb5jb
