I’m about to try and time the "Greenland Dip." Tell me why I’m a moron.
Given what we saw last summer with "Liberation" day, it feels all but certain that we should expect a 10% drop in the market this week.
My investment strategy is largely VOO and chill. I just took control of most of my retirement funds in rollover IRAs and HSAs. In my young 30s and just crossed the $100k in networth - and 80% of it is in VOO because I just want to do time in the market.
However, I'm partially convinced the Trump administration's strategy is to make a ridiculous geopolitical move that is "pre-announced" on a Friday to give investors time to speculate and time the market, and point to sudden bull runs when their approval rating dips.
Then again, things haven't moved in a way one would expect with Venezuela.
Gone are the days where conventional wisdom applies given unconditional politics? Try and time the market or should I focus more on the chill part of VOO & chill?