At the beginning of the year my portfolio was on track to hit a million dollars this year.
Not likely now …. This year .
But it will reach a million.
It’s important to remember downturns are normal and timing is only important if you’re about to access your funds. When you’re 5-7 years away from needing your funds you should consider saving cash instead of stocks - so you’re not forced to access funds in a downturn. Otherwise stick to your strategy.
I continue to add funds in market dips.
If you’re concerned …. Look back to 2022!
Apart from hurting my ego this downturn would only matter if I was about to cash in my fund and go off on a round the world cruise!... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
Hi Sharon, I agree with adding funds, but I think its too soon to be allocating funds to actual assets. Are you pilling money or actually allocating to assets as well.... Show More
These recent numbers have been so disappointing - especially when I was at a time my portfolio was with the highest cash I’ve ever allocated. 😭😭😭 however, like you said we’re in a downturn, so I guess now we hold tight and keep on adding where possible while our account figures go sideways. ... Show More
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