punk and balsam: Who gets an inheritance and invests the entire amount the day before the market crashes? Almost no one. We all invest over time and over time, the market returns a good average. What about "the ones that started investing in 1929, 1965, 2000 or more recently 2007?" They are now buying shares on the cheap that will reward them over time. The more we try to time the market, the more we leave our returns to chance.
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punk and balsam:
Oct 14 09:21 am
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All Comments by Shinjimas »The Dangers of Timing the Market [View article]
Who gets an inheritance and invests the entire amount the day before the market crashes? Almost no one. We all invest over time and over time, the market returns a good average. What about "the ones that started investing in 1929, 1965, 2000 or more recently 2007?" They are now buying shares on the cheap that will reward them over time. The more we try to time the market, the more we leave our returns to chance.