Quote:
Originally Posted by PaperBagger'14
This is my thoughts as well, I’m a year and a half from selling my investments and utilizing that cash. A nice big dip in the markets like this means buy buy buy for me. With a year and a half to go before needing it I am of the belief that things will normalize again.
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That's not really a long time horizon in equities. There have been 'lost decades' in markets past. For long term investors (ie it you measure your time period before needing the cash in decades), then sure buy the dips, time in market> timing the market. But if you actually need the cash in a time period measured in months (even if it's 12-18 months), you might want to revisit how much risk you're taking on in the market (especially with this macroeconomic backdrop) relative to being able to fund your goals.