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It tends to fluctuate within a range but just to play devil's advocate, note that it took about 30 years to recover from the 1929 crash.
by svachalek 11y ago
It tends to fluctuate within a range but just to play devil's advocate, note that it took about 30 years to recover from the 1929 crash.
- slavik81 11y agoIt's a good strategy to buy in over time to reduce the risk that you pumped all your money in at the peak of a bubble. It averages things out, so spikes and drops are not as big of a deal. Your stocks from 1929 would not have recovered for quite a long time, but your stocks from 1925 would only take 6 years to get back in the black.