TiCKed
Member
I had trouble picking a forum to post this question since it’s really not TSP related, but does deal with market timing. I figured the “Short term strategies” category fit better than most.
Here’s a question for the masses…
For my mutual fund company, I have a pre-programmed monthly contribution set up. My question: Based on historical monthly data, is there a specific day or portion of the month that would be the “best” for contributions? i.e., a day that is historically lower than the rest of the month?
I avoided the first of the month since there seems to be a general rise in the markets due to influx of money. Currently I’m buying at the close of the 14th of every month, but over the last few months that has proven to NOT be a good day. Wondering if that has just been a fluke, or if I unintentionally picked a “bad” day.
Tom
Here’s a question for the masses…
For my mutual fund company, I have a pre-programmed monthly contribution set up. My question: Based on historical monthly data, is there a specific day or portion of the month that would be the “best” for contributions? i.e., a day that is historically lower than the rest of the month?
I avoided the first of the month since there seems to be a general rise in the markets due to influx of money. Currently I’m buying at the close of the 14th of every month, but over the last few months that has proven to NOT be a good day. Wondering if that has just been a fluke, or if I unintentionally picked a “bad” day.
Tom