This might help put today in perspective:
Isn’t this like the 10 year anniversary of the 2008 market plunge? Or was that on the 9th?
Yep, 10 year anniversary Wikipedia
Just a little bump in the road, I'm still on cruise control.
Don't buy until you feel too fearful to buy.
My anecdotal experiences says wait for at least a year if you were waiting for market crash and then start DCA. If you are trying to buy an opportunistic buy then forget about it, no-one can see future.
On July 11, about 3 months ago, the S&P 500 was at 2,774 which is a little lower than yesterday when it was at 2,785 after the so called "market plunge." Of course in July the market was on it's upward march, but the point is it was at the same level as it is now. I don't understand how people get concerned about a "market plunge" but were unconcerned 3 months ago when the market was at the same level.
I own 30 or so individual stocks and simply add to them when the price is right. The price is still not right for most but some are getting closer.
All pay dividends and nothing fundamental has changed that would affect that for my holdings.
A step toward a buying opportunity plain and simple.
On July 11, about 3 months ago, the S&P 500 was at 2,774 which is a little lower than yesterday when it was at 2,785 after the so called "market plunge." Of course in July the market was on it's upward march, but the point is it was at the same level as it is now. I don't understand how people get concerned about a "market plunge" but were unconcerned 3 months ago when the market was at the same level.
It could be a bad metaphor. This guy was on Tesla autopilot when it happened.