> I would be sad if I had spent the last 8 years waiting for it to pop. I hear you. But later in the article he does advocate, or at least approve of, dollar

> I would be sad if I had spent the last 8 years waiting for it to pop. I hear you. But later in the article he does advocate, or at least approve of, dollar cost averaging into a low cost mutual fund. I think he has in mind as an audience his college students. I have some students who with great enthusiasm have told me how much they are using to invest in things that are, let's say, a place where historically very savvy people have lost a great deal of money. It is all so easy, they assure me.