I'll ride it out until there's more information on the Fed's plan to stem inflation, maybe wait for the midterms to shake out too.
This is a bad idea. Even if you could predict when the dip occurs—which is impossible—it's still better to be in the market:
* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
While you may miss the bad days, you will almost certainly miss the good days—and those are key to getting good long-term returns:
> If you missed just the 25 strongest days in the stock market since 1990, you might as well have been in five year treasury notes.
* https://theirrelevantinvestor.com/2019/02/08/miss-the-worst-...
> Looking at data going back to 1930, the firm found that if an investor sat out the S&P 500′s 10 best days per decade, total returns would be significantly lower than the return for investors who waited it out.
* https://www.cnbc.com/2021/03/24/this-chart-shows-why-investo...
> J.P. Morgan Asset Management's 2019 Retirement Guide[1] shows the impact that pulling out of the market has on a portfolio. Looking back over the 20-year period from Jan. 1, 1999, to Dec. 31, 2018, if you missed the top 10 best days in the stock market, your overall return was cut in half. That's a significant difference for only 10 days over two decades!
* https://www.fool.com/investing/2019/04/11/what-happens-when-...
Just a thought.
It turns out these retail investors do not effectively own the stock. They own an entry in the broker’s book. The broker controls the stock. They decide what to do do with it. Maybe they want to lend it to a friend for a few days. If you ask for it today, they’ll get it to you in a week. Promise. Definitely by corporate year-end!
Could be interesting times if there’s a high retail demand to have stocks directly registered to the DRS. Who really owns the stocks?