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For most HN readers this means you should be buying more stock.
by arthurjj 9y ago
For most HN readers this means you should be buying more stock.
- JabavuAdams 9y agoI did. Yesterday. :(
- jimmytucson 9y agoRight. Better yet, wait for the end of this correction, then buy more stock. Better still, sell any stock you own, and at the end of this correction, buy it all back and more at a cheaper price. Yeah, that’s the ticket! Guys, all we need to do is find out when this correction is going to end. I feel like we can narrow it down to between one day and one year from now.
- arbuge 9y ago>> wait for the end of this correction How exactly do you decide the end of it has been reached?
- samschooler 9y agoThat's the million dollar question, and is the exact reason why this strategy (and no strategy) is a silver bullet.
- pvdebbe 9y agoWhatever money I'd put in right now, I'd diversify the time component. Instead of buying 1x at once today, tomorrow, buy 0.2x every two/three days.
- quickthrower2 9y agoJust did a big fat sodl. Now I can't bear to look, pardon the pun.
- plaguuuuuu 9y agoPeople are out of their minds over a couple of minor red days and pullback to maybe one or two months ago. IMO it betrays a much deeper fragility in market confidence. I'm pretty new to finance and haven't lived through a crash yet, but IMHO, the show is not over, not by a long shot. And the longer we go without a crash, the more extreme it's gonna be.