Is it worth to dollar cost average stocks and other investments like crypto and gold right now? It might sound stupid but I'm a youngster who's starting their first full time job in a trade and they offer 401k and match and am wondering if it's worth opting in, especially in this climate, if things may drop deep?
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Follow your intuition -- you are right. I was a futures trader. Dollar-cost-averaging only works over time in a normal market. What we have now is not a normal market. It is artificially overvalued by several factors -- the worst of them being ETFs creating nonexistent ghost shares and futures contracts with no representation of reality in the derivative markets.
I did a paper napkin analysis of the DOW not too long ago, and it should be trading 15 - 18,000. All you need to do is take a look at small cap stocks and see that they are not participating in the rally in any significant manner. That speaks volumes.