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People often write this as if investing in a "crashed" market is something trivial to spot. Sure you might be able to see prices today are lower than a week ago
by vasco 9y ago
People often write this as if investing in a "crashed" market is something trivial to spot. Sure you might be able to see prices today are lower than a week ago, but how do you know they aren't going to continue decreasing yet another month?
- empath75 9y agoDollar cost averaging is a decent strategy in a bear market. You basically buy more and more shares for the same money as it goes down. You’ll have bought more shares at the bottom them at the top.
- jjeaff 9y agoIn other words, set up buying on a schedule and stick to that schedule, purchasing the same dollar amount each month. Don't deviate from your schedule because you cannot time the market.
- mooreds 9y agoWhy does it matter if they are decreasing next month? The goal is not to buy at the bottom of the market (if I knew how to spot market bottoms, I'd be on my private Caribbean island), but rather to keep buying into the productivity of the entire economy.