^^ This top comment is basically all you need OP. It’s that simple. Not only will you miss the rebound, you’ll never be able to sell right at the top either, so you’ll sell and then miss gains a lot of the time. Set and forget for 40 years. If the negative number is getting you down, try looking at the number of shares you own - that number goes up faster if the market is down!
skystreak22 t1_iy4hkai wrote
Reply to comment by Lobster_osity in Started saving for retirement this year-- my "historical returns" YTD say -8.97%, why am I putting this money here instead of a high yield savings account? by Lobster_osity
^^ This top comment is basically all you need OP. It’s that simple. Not only will you miss the rebound, you’ll never be able to sell right at the top either, so you’ll sell and then miss gains a lot of the time. Set and forget for 40 years. If the negative number is getting you down, try looking at the number of shares you own - that number goes up faster if the market is down!