Broadly speaking averaging into the market with a low cost index is a good idea if you're a set it and forget it type. If you're a little more of an active type with an interest, before thinking about individual equities you could have a strategy to dynamically average in ie. When the market's cheap, 2 or even 3x in your monthly spend and when it heats up reduce it. But that requires a bit of knowledge in terms of market risk by volume and sentiment- still if you need a hobby the investment game works for some and before you know it you'll be comparing your Sharpe to your Sortino ratio - which if you're from a specialty that likes risk assessment, that could be right up your street! (DOI: forensic psychiatry)
Broadly speaking averaging into the market with a low cost index is a good idea if you're a set it and forget it type. If you're a little more of an active type with an interest, before thinking about individual equities you could have a strategy to dynamically average in ie. When the market's cheap, 2 or even 3x in your monthly spend and when it heats up reduce it. But that requires a bit of knowledge in terms of market risk by volume and sentiment- still if you need a hobby the investment game works for some and before you know it you'll be comparing your Sharpe to your Sortino ratio - which if you're from a specialty that likes risk assessment, that could be right up your street! (DOI: forensic psychiatry)
Which low cost fund are you using? I like the idea of a simple strategy and was thinking all into VWRP.
Hi thank you. What passive low cost fund do you use? Thanks
New subscriber really enjoyed this video…I’m not a doctor👍🏼
Welcome.
If you keep predicting doom for so long, one day you will be right. People will then think you are a genius.
Michael Burry is an example of this - he’s predicted 14 of the last 2 recessions😂