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Most non-institutional investors rarely just have cash lying around. My assets are tied up in the market. Same as it's dangerous to try to time the top of the m
by cmrdporcupine 2y ago
Most non-institutional investors rarely just have cash lying around. My assets are tied up in the market. Same as it's dangerous to try to time the top of the market, it's dangerous to try to time the bottom. I tried in a modest way in 2008, and it took me a decade to recover on those stocks.
- fc417fc802 2y agoIt's also dangerous because the dip is the average. Individual companies can and do fail.
- bobthepanda 2y agoYeah when I say buy the dip ideally you would buy an index fund. Picking winners is a fool’s game anyways.