Quote:
Originally Posted by maddog876
Hi guys! I was hoping to get some thoughts on my ROTH account. I currently have 21.75% of it in cash, and was wondering if there is any merit in waiting for a dip to invest it, since the market is obviously at record highs.
https://en.wikipedia.org/wiki/Closin..._the_S%26P_500
Milestone Closing Level Date First Achieved
1,565.157 1,569.19 March 28, 2013
1,600 1,614.42 May 3, 2013
1,650 1,650.34 May 14, 2013
1,700 1,706.87 August 1, 2013
1,750 1,754.67 October 22, 2013
1,800 1,804.76 November 22, 2013
1,850 1,854.29 February 27, 2014
1,900 1,900.53 May 23, 2014
1,950 1,951.27 June 9, 2014
2,000 2,000.02 August 26, 2014
2,050 2,051.80 November 18, 2014
2,100 2,100.34 February 17, 2015
2,130.828 2,137.16 July 11, 2016
2,150 2,152.14 July 12, 2016
2,200 2,202.94 November 22, 2016
2,250 2,259.53 December 9, 2016
2,3009 2,307.87 February 9, 2017
2,350 2,351.16 February 17, 2017
People have been saying the market is too high since ~2012. Here is a list of milestone highs since 2013. If this was 2013, would you have been better waiting, or investing? The market routinely sets new highs. At a minimum you should DCA like Biesterfield suggests. I would do at least 5% a month, but anything is better than nothing.
And just in case we do have a down turn:
http://awealthofcommonsense.com/2014...-market-timer/