It is a tug of war: you want to buy but your rational brain is screaming about all time highs & overvaluation.
However I believe that as long as the AI narrative is backed by actual cold hard cash flow from the tech giants, these high valuations might just be the new baseline.
Historically expensive markets don't just collapse because they hit a certain number. They collapse if we see a meaningful earnings miss from the tech giants or a significant spike in inflation that causes the Fed to pivot back to hawkish stance.
So I believe the best way is to dollar cost average (DCA) index ETFs like $Vanguard S&P 500 ETF(VOO)$ which represents the top 500 US stocks. This way it removes the necessity of trying to time the market to find the bottom.
Tiger Brokers has an auto invest feature which I find very useful for DCA.
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