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You're not going to time the bottom, but you can put a floor on your profits if you assume things will get back to where they were two months ago, and start buy
by twomoretime 7y ago
You're not going to time the bottom, but you can put a floor on your profits if you assume things will get back to where they were two months ago, and start buying little by little now. Because currently you can find many companies that are at 50% discount already.
- rebuilder 7y agoJust don't pick companies that end up going bust.
- twomoretime 7y agoGood point. This is still a highish risk investment, but again if you have faith in the government long term and distribute your investments, you should come out ahead.