Hi guys, I bought into VOO at 380 thinking it's already near the bottom but now its hovering around 358 after the release of the inflation data. It has already went down from it's peak of 439/share to 358/share which is roughly a 19% drop in price. Based on S&P 500 Annual return percentage this is one of the worst year since 2008 market crash. Will we be expecting to see a rebound in the 2nd half of the year or will it get worst? Should I dilute my average share price by buying more or sell my VOOs and buy in at a later time?
I know many people recommend doing DCA with index funds but it just don't make sense to me if there is a high chance price will continue to dip further next week or months.. What do you guys think and what upcoming report/key factors should I look out for to determine which way the stock price is going.
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