I invested $30k in Vanguard a few months ago, which has now dropped to $28.6k, so I'm down nearly 5%. Should I pull out? EDIT to clarify: My Vanguard money is mostly in equities. If I pull the equities money into a Vanguard bond fund and the market tanks more and I buy at or near the bottom, then I will be ahead of holding my current investment. Assuming I don't have to pay taxes on transferring money between Vanguard funds. Anyone know if I would?
Buy high, sell low. Sounds like a plan 👌👍
But if I pull the equities money into a Vanguard bond fund and the market tanks more and I buy at or near the bottom, then I will be ahead of holding my current investment. Assuming I don't have to pay taxes on transferring money between Vanguard funds. Updating OP to clarify
That's just gambling tho
Stock is a long term investment, don't expect lasting short term gains. Leave it in an index and forget about it.
Assuming you invested in one of their funds. And no don't pull out if you're in this for the long run. Timing the market never works
No
Just put it in one of the popular index funds and forget about it unless your really close to retirement
No. I’ve been there, had the same feeling. Don’t sell low unless you own some hopeless individual stocks that are going to disappear.
The pullout method works until it doesn’t.
Sell!!!!!!!!
Depends how old you are and when you want to access the money. The market is going to be bumpy. People who sold in 2008 and didn’t get back into the market lost a lot. People who stayed in got the upside when markets recovered. I am holding and plan to for another 15 years.