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That's exactly why it's not really that good of a time to buy just yet. There's a chance we have a long ways to go and you'll probably run out of cash if you k
by bduerst 7y ago
That's exactly why it's not really that good of a time to buy just yet. There's a chance we have a long ways to go and you'll probably run out of cash if you keep buying down the slide. We bought some on the crash last week but now it's just a waiting game to see how low it's going to bottom out.
- thorwasdfasdf 7y agothat's what I did. bought a little at -3%, a little more at -6%, a lot more at -9%, lott lot more at -12%, by the time it hit -20%, I'm almost entirly in equities. Keep in mind, this is ONLY in my retirement accounts and I do have a 30 year investment horizon. I figure, it's better to get into equities than loose everything (in bonds and cash) once the eventual inflation taxes wipe everything out.