100k-ish to play with. Burned in ‘01 and ‘08. Gunshy with little to no knowledge
I got burned twice as a newer and younger investor in the previous crashes mentioned. Essentially have stayed out of the market since.
I’ve got about 90k spread between a Roth and traditional that is sitting in bonds. I’ve also got 100k, give or take, that I could invest when the time is right - to finally get back in after all these years of being gunshy.
I’m not a savvy investor by any stretch. To be honest, I haven’t paid much attention to the market since being burned twice.
If you were a novice looking to potentially use some of this dry powder, what and when would you be focusing on?
Would you look at some of the individual tech companies if the market further drops, or would you look to some of the more popular funds that people rave about?
Would investing $500-$1000/day or every few days be the better approach than dropping bigger chunks at a time?
I’m kind of ashamed for not stepping up my knowledge after all these years. So, I’ll look at any potential responses as part of my education process.
I know nobody has a crystal ball, but it’s so interesting to see so many drastically different ideas about what is happening and/or going to happen.