I guess many people have only tax-deferred or tax-free accounts. These investors can at least theoretically move in and out of equities with little trouble, little expense, and no tax.Its up Its down Its up Its down.
Great?
I'd consider this a "healthy" correction, but not a great one.
Maybe you didn't need it, but I certainly needed it.
I guess many people have only tax-deferred or tax-free accounts. These investors can at least theoretically move in and out of equities with little trouble, little expense, and no tax.
A different story for those of us who have a lot of assets in taxable accounts.
Its up Its down Its up Its down.
I was considering a change to increase stocks from 60% to 65% before this correction.Nibbling.
I'm a boglehead, which = boringhead. My bi-weekly 401k contribution keeps going in, market up or market down. I will have to rebalance in Jan as planned unless a huge santa claus rally happens.
I was considering a change to increase stocks from 60% to 65% before this correction.
If I stick with 60% then I'll be nibbling as I rebalance.
If I decide to make the change then I'll be gorging.
I'm leaning towards this being a good time to make the change.
Same as always. Investing monthly in whatever asset is out of whack the most and monitoring allocation to see if a threshold is crossed and rebalancing if it is. Looking for opportunities to tax loss harvest as well ..Its up Its down Its up Its down.