I am sure you are joking, markets will experience plunges like this several times during our retirement.old-spice2 wrote: ↑Fri Apr 04, 2025 9:27 pm Wrong time for me to retire. Markets are down and good time to add more stocks. May be I should r2a and look for a job for another 4 years!
I did not expect this kind of downfall in the market. In the last one year had moved substantial amount of money in regular interval from my VG account to Indian banks and kept them in FD locking 8%. Yes did sell some VG funds in taxable account at high point.
I expected S&P 500 to go down by 30% by year-end due to erratic Trump policies but didn't expect it to crash in a week.
Going well. Generally, I am fully invested. By fluke, I had my wife's old 401(k) transferred to a new account and sitting as cash. I was in the process of moving that to the IRA and wanted to pick my own ETF, like VG S&P 500, QQQ, SCHD, etc. So before the crash, I transferred everything to cash and was about to start picking up new funds. But now I am going slow. Very greedy... Whenever it's going down, I pick a few ETFs as planned. Still 80% sitting in cash. I had few cash was sitting as cash in my IRA I started adding more to AAPL, Google, NVIDIA, Netflix, etc. My regular DCA is on autopilot. And one mistake I could say I made it. I aggressively push funds into the 401(k) in the first 6 months to hit the limit. In that process I may have paid a high price for MF in Jan. Feb.
Good to see your suggestions. Appreciate it.Lakshya wrote: ↑Tue Apr 08, 2025 11:55 amGoing well. Generally, I am fully invested. By fluke, I had my wife's old 401(k) transferred to a new account and sitting as cash. I was in the process of moving that to the IRA and wanted to pick my own ETF, like VG S&P 500, QQQ, SCHD, etc. So before the crash, I transferred everything to cash and was about to start picking up new funds. But now I am going slow. Very greedy... Whenever it's going down, I pick a few ETFs as planned. Still 80% sitting in cash. I had few cash was sitting as cash in my IRA I started adding more to AAPL, Google, NVIDIA, Netflix, etc. My regular DCA is on autopilot. And one mistake I could say I made it. I aggressively push funds into the 401(k) in the first 6 months to hit the limit. In that process I may have paid a high price for MF in Jan. Feb.
The worst part is I have to pay tax on distribution for 2024, and all that gain is technically gone, but I will still pay tax on it.
In case anyone is planning to hold for LT, say 5+ years, DECK is at an attractive valuation. And if you don't have any AMZN, NVIDIA, AAPL, Alphabet, or even Meta, it is giving you a good entry point. You can't predict bottom but this is nothing compared to 2008 or Covid...
