Timeline for Any problems with going "all in" suddenly into investments?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
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| May 8, 2017 at 16:46 | comment | added | Rocky | @IBitAChip A bear market is a good thing if you are still saving and investing! Another way of looking at it: you're never going to be able to buy at the lowest low or sell at the highest high, so don't even bother to worry about it. | |
| May 8, 2017 at 1:55 | comment | added | IBitAChip | @Rocky "people like to buy high because they see all the previous missed opportunity and want to get in, then panic when the market dips and sell prematurely." That could be me, at least the first part. I just think that even if I don't panic sell, I'm going to feel sick every day for years until the market recovers, and then also kick myself forever for not waiting until at least some of the dip had kicked in. | |
| Apr 8, 2017 at 16:19 | comment | added | Rocky | This. The market WILL go down one day, maybe soon, maybe later. The important thing is to not lose money. That means buy low, sell high. When the market tanks, buy more. It's human nature to do the opposite: people like to buy high because they see all the previous missed opportunity and want to get in, then panic when the market dips and sell prematurely. Don't do that! | |
| Apr 8, 2017 at 15:22 | comment | added | Glen Pierce | Also note: the Dow has had two days in the last 10 years where it has increased in value by more than 10%. I'm not sure when the next one will be, but do you want to miss it? Source: en.wikipedia.org/wiki/… | |
| Apr 8, 2017 at 15:15 | comment | added | Glen Pierce | This is a great article about bear markets: bloomberg.com/news/articles/2016-01-26/… | |
| Apr 8, 2017 at 15:14 | history | answered | Glen Pierce | CC BY-SA 3.0 |