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I only started investing at the end of last year too. Oh well, time in market and all that.
by HumanDrivenDev 9y ago
I only started investing at the end of last year too. Oh well, time in market and all that.
- pedrocr 9y agoIf you need something to convince you of the value of just betting on the long term trend and not caring about market timing: http://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ http://awealthofcommonsense.com/2014/02/worlds-worst-market-...
- kz85 9y agoCompletely agree with that. Anyone who invests into equities (stocks) and hopes to make money in less than a few years either has to be really lucky or have some insider information.
- HumanDrivenDev 9y agoMy brain knows this. I am unlikely to panic sell. Still - everyday I check how much my investments have made. I'm not used to having enough money to invest, and it goes against my instincts a little bit. It just takes some getting used to.
- pedrocr 9y agoThat's why I like this article. It helps train the non-rational part of the brain to relax and not panic sell even after the rational part is well settled on an investment process.
- havetocharge 9y agoYou should be very happy that the majority of your contributions (assuming you're planning to contribute on an ongoing basis) are going to be made on a discount.