3 ms·
>I’m waiting for the stock market to crash so I can hopefully buy a fewer things for cheap. This is wishful thinking. It's next to impossible to buy at the bot
by WheelsAtLarge 4y ago
>I’m waiting for the stock market to crash so I can hopefully buy a fewer things for cheap.
This is wishful thinking. It's next to impossible to buy at the bottom because you never know when the bottom is hit. Your best bet is to average your costs over time. Pick a period, monthly, weekly, or whatever and buy a consistent amount of an index or your favorite blue chip stock(s). Over time you'll do better than trying to time the bottom or the top.