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.
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.