What i meant is that there are simplistic ways to time the market. When the PE are high and if your in, be prepared to sell...if the PE are low, and you're not in the market, then be prepared to buy...there are cycle long term...if you get in the market at the wrong time, it could take years to recover...So no, the one who bought the SP500 in 1966 lost money all his live and eventually his son or grandson broke even in 1984 (or 1991 if included inflation)...
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What i meant is that there are simplistic ways to time the market. When the PE are high and if your in, be prepared to sell...if the PE are low, and you're not in the market, then be prepared to buy...there are cycle long term...if you get in the market at the wrong time, it could take years to recover...So no, the one who bought the SP500 in 1966 lost money all his live and eventually his son or grandson broke even in 1984 (or 1991 if included inflation)...
Oct 14 11:44 am
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All Comments by balsamo001 »The Dangers of Timing the Market [View article]
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