The prevailing extreme fear sentiment, as reflected by the CNN Fear & Greed Index and the surging VIX volatility index, presents a compelling buying opportunity. In this environment, I'm opting to buy the dip in my core portfolio holdings,
$SPDR Portfolio S&P 500 Growth ETF(SPYG)$ and
$Schwab US Large-Cap ETF(SCHX)$, rather than individual stocks. These ETFs track established indices, such as the S&P 500 and the S&P Total Market Index, offering broad diversification and mitigating individual stock risk.
Historical data suggests that periods of extreme fear are often followed by market rebounds.
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