Is now a good time to move money from my savings account to my wealthfront portfolio ? Or is it gonna go lower still ? TC 250
Send your money to me and Iโll manage it wisely for you. Pinky swear.
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Very difficult to say but You will see very volatile market! 2023 will be game changer for sure!!
no one knows
I would say keep the money just in case if things go south and you need money.
In case go south? Iโd rather say buy the dip a bit in case things go north.
DCA over time. Add the same amount of money to your portfolio every two weeks and keep doing that going forward. Over time you will eventually be in the black. This is the safest strategy statistically speaking. Also focus on ETFs like VOO, SPI, VWO, or VTI. Now is a good entry point, but itโs difficult for anyone to time the market or predict the future.
How fast to DCA though
You have to evaluate your risk appetite, especially in this market.
Buy with what you can afford to lose
Dump wealthfront and DCA VOO/VTI
Wealthfront is garbage
Yup buy....when everyone runs...it's perfect time to get in as long as you are not looking for quick turnaround
Oh Jesus