Don't know how low the market will go for sure.
It's down 25%+ now.
That may hold in October?
It could drop even more.
In 2000 S&P was down 38.4%.
In early 2009 it was down 53%.
But at 25+ down in 2022.
I started to $ cost average in because it should get better after October
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Same ! I also have been adding 12/16 Puts on selective stocks. There will be a rally at some point Nov/Dec. There could be a deep recession in 2023 but you should always re-evaluate your portfolio. There are a few stocks/ETF's i am comfortable averaging into at these levels
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Average bear market decline is about 38%. So beginning to average in is a pretty safe bet. Sell in Jan for the final flush.. then Re enter in March-April to ride it out.
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The fed discontinuing the rate hikes or even getting to a point where they finally start to lower rates, that's when we'll get into an actual recovery area. Until then just a dead cat bounce each time. That's my 2cents anyway.
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I too nibbled, and just a small bite, into the long term investment arena again, but have insurance against the downside from much higher. Looking for much lower to really start to EAT. The market does not go straight up once the bottom is hit...it takes time!