What do you do with your money in times like this?

After the craziness earlier this week where the markets took a nosedive of almost 800 points, I got to wishing that we had some extra cash to sock away in our Roth IRAs. I logged into our Vanguard account to see that the fund we both have was at its 52-week low point.

We just moved to a new state.

Neither of us have jobs.

So, what did I do?

I took $300 and bought some more shares of the Vanguard Star Fund for each of us. Oh yeah, dollar cost averaging is totally my BFF.  The way I see it, if times get tougher I can always pull it back out since you can withdraw your contributions at any time. And if we manage to avoid financial armageddon then we come out ahead by buying in at such low costs.

Some people are hoarding their money right now due to fear. We just invested ours. So, who is really bumblefucked?