Spy & Voo down 10 -15% would this be a good entry for 5 - 10 yrs out?
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Spy & Voo down 10 -15% would this be a good entry for 5 - 10 yrs out?
Maybe:confused2:
Nobody knows, might be a better buy another 10% down or even another 20%. Maybe the bottom already happened. Just dollar cost average and forget about it.
Confirm this, but I think the SPY and VOO are basically the same, just the VOO is cheaper to own, but the SPY has more liquidity which is important for big buying and selling.
I don't believe we're at the bottom, but we might be getting close.
Over the next two years, I don't see anything but an upside overall.
However, I'd wait and ensure we have a deadlocked government.
Might seem like a good deal now but just wait until you see if has actually trending up. Don't buy on the way down ! With that much time horizon, look at the monthly or even quarterly chart, forget daily.