When would be a good time to invest $30,000?

Created at 185.**.157.187 110 5 0

Not long after starting my Roth IRA, I bought semiconductor stocks, but I panicked during the sharp drop a few months ago and cashed out everything. Fortunately, I ended up with a small profit above my principal.

I have about 30,000 in the account, and I am thinking of buying ETFs like VGT or VOO when the market dips (though I am not entirely sure if that is the best option...). Is it a good idea to wait a little longer and buy when stock prices go down? Since the30,000 is sitting entirely in cash right now, I am wondering how much longer I should wait.

I would appreciate your advice. Thank you.

Tags ETF VGT VOO Facebook X
Comments 5
76.**.50.235
It doesn't make much difference when you buy into VGT and VOO. Putting your money in right away whenever you get it is the best strategy.
177.**.223.7
Now. After you choose a stock, keep putting money in every time the index drops.
107.**.71.210
In a bull market, it would be advantageous to put it all in at once, in a bear market, it would be advantageous to enter little by little and buy when it drops, and in a market crash, it would be advantageous to wait and put in a large amount at the bottom, but no one can predict the future. Do not leave such a major decision to an anonymous post; please establish your own solid principles instead. If you think of doing it like a 401(k), setting up automated trades for a fixed amount on the same day every month is also an option. Judging by how you panicked and pulled everything out during a sharp drop, you do not seem likely to handle volatility well, so an ETF seems fitting. However, buying an ETF does not mean it will unconditionally go up—it will repeat going up and down endlessly—so I recommend thinking carefully and scaling in over time. I also recommend always keeping around 30% in cash just in case there is an unexpected crash.
126.**.151.250
Wow~~~
26.**.150.185 (edited)
Like a 401(k), I recommend setting up 250/250 on a fixed day every week for the ticker you have in mind.
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