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I know this is how it goes but I truly had the best possible timing of starting investing (outside of 401ks) for the first time ...
by dangerwill 4y ago
I know this is how it goes but I truly had the best possible timing of starting investing (outside of 401ks) for the first time ...
- chii 4y agoit's much better for the markets to be down when you start, than when you end your investing journey.
- sph 4y agoLooking for the best time to start investing sets you up for failure, time in the market is more important than when you enter the market. And buying when markets are low is how you make profit.
- Tyresian 4y agoOver at Bogelheads they always like to post articles like this (time in the market is better than timing the market) which should make you feel better. https://www.personalfinanceclub.com/how-to-perfectly-time-the-market/ https://www.personalfinanceclub.com/how-to-perfectly-time-th...
- ricardobayes 4y agoThat's generally true, however the yields generally come from short-term rallies that don't correct themselves. So if someone misses such an event it can be a really long time to recover from it. I think I could possibly show you a 20 year period in the past 100 years of US stock market without significant gains.