It’s such a misery managing any account during a bubble. If you hold you lose when the knife falls, if you try to time it then everything stays irrational longer than you can stay solvent.
I always just ride it out. I already bought the asset for a reason that doesn’t change just because it’s currently in a bubble. I didn’t buy a lump sum because I thought it was “cheap” then; I bought gradually every paycheck. So that’s exactly how I intend to spend it - slowly as needed, ignoring bubbles.
the s&p is an index weighted to match the top 500 companies, so the bigger companies get more money put in to their stocks. if most companies aren’t doing great and a few tech ones are “holding up the market”, then most of the money in your s&p indeed will be with them
time to move some of my 401k allocations, cuz a big slice of the sp500 pie is heavily invested on AI
It’s such a misery managing any account during a bubble. If you hold you lose when the knife falls, if you try to time it then everything stays irrational longer than you can stay solvent.
I always just ride it out. I already bought the asset for a reason that doesn’t change just because it’s currently in a bubble. I didn’t buy a lump sum because I thought it was “cheap” then; I bought gradually every paycheck. So that’s exactly how I intend to spend it - slowly as needed, ignoring bubbles.
You are not the first person I’ve heard share that sentiment!
why though
the s&p is an index weighted to match the top 500 companies, so the bigger companies get more money put in to their stocks. if most companies aren’t doing great and a few tech ones are “holding up the market”, then most of the money in your s&p indeed will be with them
Good point, it is I who is the fool.