Recent market impacts for new investors
Hey everyone, I’m a relatively new investor (about 3 years in) with most of my money in a Roth IRA and some CDs. My Roth is a 60/40 split of domestic and international total market funds, which seemed like a solid, boring plan until the recent world events started tanking everything.
I know this is probably just a temporary dip, but things are definitely starting to get to me. I feel like I put my most recent contributions in right at the top of the market and then immediately watched them go into the red. It's one thing to hear "stay the course," but it's another thing entirely to see your total balance drop below what you actually put in.
I was just curious what most people in my shoes would do here. Is the consensus really just to keep the blinders on and keep contributing like nothing is happening, or is there a point where you actually start to worry about the allocation itself? Just trying to figure out if this "buy and hold" mental test is something everyone goes through or if I'm just exceptionally bad at timing my entries.
Do I just uninstall my investment app and ignore?
Thanks in advance!