Quote:
Originally Posted by Cowboy89
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.
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I don’t “need” that cash per se, I would like to make some other moves with it but if the markets are still down by that time I can easily wait it out multiple decades. In other words not selling those investments will not meaningfully change anything about mine or my family’s day to day life.
If it takes an extra 5-15 years to see the gains I want that is also fine. I’m young enough I’ve got loads of time for the market.