8 ms·
man, this is what i have been telling myself for the past 3 years. but, here we are, in a pandemic, hitting all time highs. i've decided i'm just going DCA my p
by pbrb 6y ago
man, this is what i have been telling myself for the past 3 years. but, here we are, in a pandemic, hitting all time highs. i've decided i'm just going DCA my pile of cash into the market (was saving for real estate deals, but continually get outbid by all cash buyers or people doing reverse exchanges that NEED to close, with the tax savings offsetting the increased prices).
- vmception 6y ago> but, here we are, in a pandemic, hitting all time highs. what were you telling yourself? Trillions of dollars have been added to the market because Congress told the Central bank and Treasury to do that, and other countries did the same thing too. An unlimited amount of money is being used to buy a fixed number of [eligible] assets, that is inflation.