What was Buffett Doing in 1974? How About in 2008? [View article]
As Paul Price says above, you will not know the bottom when you are at it, only looking back. By historical standards stocks and most corporate bonds are cheap. No one will 'get the low'. Dollar cost averaging into assets riskier than treasuries is IMO a good strategy. Staying in cash and waiting for a lower low that may not come could leave you out of the market as money returns to stocks and corp. bonds.
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As Paul Price says above, you will not know the bottom when you are at it, only looking back. By historical standards stocks and most corporate bonds are cheap. No one will 'get the low'. Dollar cost averaging into assets riskier than treasuries is IMO a good strategy. Staying in cash and waiting for a lower low that may not come could leave you out of the market as money returns to stocks and corp. bonds.
Jan 04 13:03 pm
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All Comments by jepittman »What was Buffett Doing in 1974? How About in 2008? [View article]