Boring question about ASX ETF's

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Boring question about ASX ETF's Anonymous Sat Aug 22 07:40:07 2020 No.21748997 [Reply] [Original]

I have around $8.9k in ETF's that I aquired through raiz/acorns. I put in around $100 per fortnight and automatically reinvest the dividends however it dropped from +26% prior to covid to -12%, so I doubled down and started to purchase $25 per day until the market bounced back and I broke even. Now I am sitting at +11% but I am worried it will drop back down again soon as covid seems to be worsening here in Aus. I would love to just sit on it and repeat what I did last time, but I need to utilise the money in April 2021.
Are people currently predicting another stock crash and therefore should I just cash out now? or should it be safe to leave it in and see if my % continues to increase until mid next year?

>>	Anonymous Sat Aug 22 08:06:05 2020 No.21749525 If you need the money, then pull it out of the market.

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