Timeline for Should I invest when bad news hits Wall Street?
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Apr 5, 2020 at 4:27 | comment | added | Ian Dunn | Theoretically yes, but it's essential to note that your strategy requires timing the market, which is notoriously unreliable, especially over long periods of time, and even more so for DIY investors. Most people are much better off simply investing whatever they can every month into low cost index funds, and holding until retirement. | |
Jun 19, 2018 at 20:12 | comment | added | Bob Baerker | Yes, daily fluctuation is noise. But entry price can make a significant difference even if one has a long term investment horizon. Yes, if you bought the S&P at its peak in 2008, you would have positive returns today. But if you bought it at the end of the collapse in March 2009, you would have 3.25 times the profit versus that purchase in 2008. 3.25X is not a negligible. | |
Jun 19, 2018 at 19:47 | history | answered | HK47 | CC BY-SA 4.0 |