Re:S&P 500 triggers 15-minute trading halt for the second ti...
by dennisgorelik on Monday March 16, 2020 @12:15AM
(#22589887)
> 1% of your savings per week
That would allow to invest what he wanted in 2 years.
But the market is likely to ~80% recover in 6 months.
> Most people don't know their own risk tolerance until they see their portfolio drop 20% like this.
Yes: risk tolerance is a very important consideration - thank you for explaining that.
But how to find that limit to the risk tolerance in a reasonable time?
I'd suggest ~1% of portfolio investment per day, but only on down days. Do not invest on up days.
That would allow to invest what he wanted in 2 years. But the market is likely to ~80% recover in 6 months.
> Most people don't know their own risk tolerance until they see their portfolio drop 20% like this.
Yes: risk tolerance is a very important consideration - thank you for explaining that. But how to find that limit to the risk tolerance in a reasonable time?
I'd suggest ~1% of portfolio investment per day, but only on down days. Do not invest on up days.