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Volatility is Your Friend if You Dollar-Cost-Average
Markets are in a bit of a panic right now. Supply chains and the travel industry are being thrown into disarray with this COVID-19 epidemic, and likely will continue to do so for the next few months (and possibly longer). A recession, or at least a big slowdown, might be in the cards. As of this writing, SPY (the largest ETF that tracks the S&P 500) is down over 11% in the last month while the VIX (volatility index) has skyrocketed. 11% is not an extraordinary drawdown. It ma