I've got 50k in a savings account and about 15k in the market (VOO, etc), do I keep DCAing? What if the market crashes?
I’d keep it exactly as is for now. We should get a much bigger pullback in stocks this year from the unfolding liquidity crisis.
>>61987552Buy a few oz of silver just in case.
>>61987552Do you have anything of value to offer to the world? If so, invest in that.
>>61987552Wait a few more weeks for the big economic downturn and then invest it all in a Global Index fund.
>>61987552>do I keep DCAing?yes>What if the market crashesa market crash is also called "a sale". You keep DCAing. Unless you prefer to buy high instead of buying low, in which case knock yourself out.
the worst thing you can do is let it sit there doing nothing
>>61987552Wait for the turbo crash and put at least $1k into XRP and hold it like a savings account for a long time.>>61987619This is definitely not the worst thing he can do if markets are set to crash in unison. Lol Stop paying and listening to a financial advisor who is paid a fee to buy you index funds and still underperforms the market.
>>61987552>50k in a savings account ok so you invest it and either>nothing happens and you make a modest 7-15% >something happens and market collapses and fed actions cause sharp inflation and you lose 7-8% anyway
>>61987565people said this at the covid low. op do as you feel.
>>61987552Uphold (the crypto exchange) has a partnership checking account that is FDIC insured up to 2.25 million with deposits swept across 12 megabanks. It pays 3.75% APY paid out monthly which for you is almost $2k in annual interest just for holding with free ability to buy move to exchanges or brokerages to buy and sell and spend etc. with no lockups like a savings account that likely pays less. Most banks are paying literally .01% on deposits and are more exposed to systemic banking risk. Additionally, Uphold offers 2 or 4% (depending on what card you choose, the 2% is free but the 4% costs $100 per year) in XRP paid back on what you spend from your USD account, which is really nicely segmented from your interest account so you only want to keep in your other USD account what you intend to spend imminently and you can move between them in literally 10 seconds at a moment's notice. If you choose to use the account to deposit your paycheck you get another 4% in XRP, which is literally just like getting a 4% raise instantly and a 2-4% cut to expenses (other than credit card bills). So you get 3.75% on deposits held, 4% on deposited paycheck and 2-4% on what you spend. So far the most competitive way to hold cash I have seen. You could buy STRC and earn the divi payment as a cash position but if everything crashes crypto will also and you are massively risking your money by doing so. Hold strong cash and buy the real bottom.
>>61987738People say every possible position every possible time. You fixating on some of them to think what you want is not significant. We haven't even begun to see the real fallout of the private credit crash or the backlog energy experience from the oil situation etc. You are literally comparing the beginning of inklings of drop to the time the largest fiscal stimulus package (with zero reserve requirement enacted) in US history. Lol
>>61987746shut the fuck up nigger
>>61987779You are low IQ and feel entitled to automatic rightness because your low threshold for parsing data and high expectation for cheap reward have hollowed you out into a petrified nothing. Become a real person again.
>>61987552Just keep DCAing. Don't lump-sum your cash unless there is a 20% or higher crash in the market.Make sure you have your 6 month - 1 year cash emergency fund.
