re: Hold off on starting a Roth?

quote:

---

You'd be making a mistake, IMO. Even if you started your ROTH and invested half of it immediately then stocks drop further, you'd be reinvesting your dividends into more shares since their price fell.

---

This is currently what I've been doing with my roth for 2015 and moving in to 16. Just putting the funds in and letting the other half sit on the sidelines. Might be a mistake...might not. I feel like the time to throw the remaining cash in to the game is coming soon though.

If you plan on maxing out your roth, no reason not to at least make the deposit.

quote:

---

You'd be making a mistake, IMO. Even if you started your ROTH and invested half of it immediately then stocks drop further, you'd be reinvesting your dividends into more shares since their price fell.

Warren Buffet has a lesson for all of us: "It's not market timing that's important, it's TIME IN the market that builds wealth."

Get started with your time in the market sooner rather than later.....

---

TRUST this advice. Back in 2009, I was 20 years old, in college, and had a lot of exposure to doomsday scenarios. I found myself agreeing with them in a lot of cases and even stated that the stock market could go all the way to 0, on this board! Looking back, I'm glad that happened when I had zero money to invest. Learn from my previous ignorance, and from others who cashed out at completely the wrong time, and dollar cost average into the market now, or as soon as you can afford to.