Spare me the "TiMinG tHE mARkEt!" schpiel I see the worst economic policy in the last 100 years implemented in the US I time the market, simple as.
Anyways anyone else have a large cash position they have been sitting on for a few months just salivating at the thought of potentially doubling the amount of shares you can buy from an impending market crash because it essentially means you're now years ahead of your investment schedule? I ran some napkin math and if I can enter my positions at a 20% discount it would be the equivalent to me buying stocks for the next 30 months. Add the magic of compound interest to the equation and the difference of lump summing my cash position now vs lump summing after a 20% drop ends up being about 400k difference in 30 years.
To argue against "timing bad DCA good" folks here if I miss out on a 12% year by sitting out this year waiting for a crash I am potentially missing out on a measly 50K over my timeframe. Essentially I am betting 50k over 30 years for a potential return of 400k over 30 years, 8:1 payout on the current situation to me seems way too good to pass up, DCA if you will but I am trying to take as much advantage of compound interest as possible and the best way to do that is accrue the largest position possible as early as possible, all of the money you earn from compound comes at the end of your investment life so the more you start with the more it is amplified in the end.