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The dow went from 400 to 50 in the depression. If you bought at the bottom you’d have 800% more than if you’d bought at the top! The fact that stocks go up lon
by graeme 7y ago
The dow went from 400 to 50 in the depression. If you bought at the bottom you’d have 800% more than if you’d bought at the top!
The fact that stocks go up long run isn’t an argument for pouring money into a plunging market. This might be the bottom, it might not.
- tybit 7y agoAs you said It’s great to buy at the bottom, but who knows if that’s it., so I’m going to continue investing whatever I can each fortnight. I’d rather risk paying more now before a big crash and continuing to invest through the big crash than risk missing this opportunity and the market going back to a bull one in a few weeks.
- graeme 7y agoThat’s fine. The parent comment was recommending people increase their buying right now however. My point was this isn’t necessarily a special opportunity just because it’s off a peak.