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Should I do this?

Posted on 8/15/18 at 5:09 pm
Posted by glaceau
Member since Nov 2017
70 posts
Posted on 8/15/18 at 5:09 pm
I don’t know much about stocks. However, I was thinking of DCAing some money into one of those free fidelity international ETFs. Specifically one that follows a lot of Chinese investments.
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5707 posts
Posted on 8/15/18 at 6:20 pm to
Are you aware foreign markets have significantly lagged US markets this year and are experiencing serious headwinds due to tariffs and fears of Turkey contagion?
Posted by glaceau
Member since Nov 2017
70 posts
Posted on 8/15/18 at 7:00 pm to
Not well aware but a little. Figuring that China market will take a huge hit and I would be purchasing something cheap. And in the long term I assume chinas market will have bounced back.
Posted by southernelite
Dallas
Member since Sep 2009
53174 posts
Posted on 8/15/18 at 7:05 pm to
Don’t assume things. If you’re going to bias an allocation in a particular direction, you’d better have a clue what you’re doing.
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