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It's kind of a newbie question but I was preparing to invest in index funds (low-cost index funds) for a while now and I am just thinking what should my strategy look like.
As of the day of writing this post, there was a big drop (around 5%) in S&P 500 and other index funds, what should my strategy look like.
I am not sure if the bear market starts, or this is just a fluctuation.
The question is, how should I invest in index funds under the circumstances?
Shall I just invest a certain amount for the next years and don't care about the bear or bull market at all?
Or maybe I should invest part of the money in index funds and the rest in other commodities?
Shall I invest different amounts depending on the direction of the market?