Quote:
Originally Posted by Johnny199r
If you are an ETF indexer, there is no point in ever waiting to put money in the market. Individual stocks on the other hand? Different story I guess.
|
I don’t have index funds aside from a small chunk of emerging markets. I don’t think your rationale for investing in ETFs at any time is correct. From what I understand, ETFs are priced according to the net asset value of the stocks held within the ETF; overvalued stocks would create overvalued ETFs and undervalued stocks would lead to undervalued ETFs. Am I incorrect?