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A comment on Ask HN: What is your favourite stocks/options trading platform?. Parent comment

Re:Ask HN: What is your favourite stocks/options trading pla... by mcny on Monday July 26, 2021 @10:38PM (#27968021)
Vanguard index funds are pretty much anyone who isn’t wealthy needs.

The only think I can’t figure out is why isn’t it possible to park USD 5k in cash in my Roth IRA at Vanguard every April and have them buy VTSAX if it goes below some threshold automatically say USD 60.

[ Parent | on HN ]
Re:Ask HN: What is your favourite stocks/options trading pla... by PascLeRasc on Monday July 26, 2021 @11:38PM (#27968355)
You're hoping to "buy the dip" here, right? You can set up a stop order to do that. It'll just have to be for the ETF version of a fund.
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Re:Ask HN: What is your favourite stocks/options trading pla... by auxym on Tuesday July 27, 2021 @08:00AM (#27971393)
Turns out that the old adage "time in the market beats timing the market" almost always wins, and there's no upside to trying to buy the dip:

https://www.pwlcapital.com/resources/buy-the-dip/

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Re:Ask HN: What is your favourite stocks/options trading pla... by PascLeRasc on Tuesday July 27, 2021 @09:02AM (#27971905)
There's no upside to buying the dip for you. It's exhasting how any HN investing discussion gets watered down by unsolicited anti-intellectual personal finance advice.
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