4 ms·
So, finally the correction comes? remember the 2000, then 2008, now it is already passed the 8 year mark, I guess it's finally here...
by ausjke 9y ago
So, finally the correction comes? remember the 2000, then 2008, now it is already passed the 8 year mark, I guess it's finally here...
- rubicon33 9y agoYea, it comes just 1 week after I finally relent, and invested a large some of money which was "waiting" for this very correction. So, guys, next time you want the market to drop just let me know and I'll invest some money. FML.
- Redoubts 9y agoYou only lost a month's worth of "progress", the dip doesn't seem like a big deal unless you wanted to sell something today.
- komali2 9y agoWhat kind of sum? Were you doing dollar-cost averaging? This kind of shit stressed me out so much to "track" I gave up entirely. Not like I'm ever pulling it out anyway. edit: https://www.investopedia.com/terms/d/dollarcostaveraging.asp https://www.investopedia.com/terms/d/dollarcostaveraging.asp
- cgb223 9y agoI felt the same way so I just started investing a litte each month instead That way it all kind of averages out instead of trying to time the market
- 8ytecoder 9y agoIt's impossible to time the market. If you are a value investor and see a stock that's undervalued, it's perfectly ok to invest as much as you want right away. In all other case, investing regularly and over time averages the cost. Holding on to it for a long enough period of time gives a consistent and better return.
- ausjke 9y agoI sold everything in 2008 at the lowest price, had I not done that they all come back eventually. I think it just took a few years to come back as it has been all the time, which is why the saying goes, "don't use the money you will need for the next 5 years to invest", otherwise it should be fine.