Gone4Good
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Sep 9, 2005
- Messages
- 5,381
My last stock purchase was March 2, 2009. I thought I'd be buying more the last few months but the size of this rally has kept me on the sidelines. Besides, the rally has done a pretty good job of rebalancing my portfolio all on its own.
I'm waiting for the big pull back because I've got some more "buying low" to do. Here's hoping I have to wait a long time.
Well the market (SPX) is up 41% since its March low. You may have avoided a 30% loss, buy you're still 30% poorer than you would have been had you bought stocks earlier this year.
I'm waiting for the big pull back because I've got some more "buying low" to do. Here's hoping I have to wait a long time.
Bull markets last for years. If I miss the beginning of it to possibly avoid a big 30% loss . . .
Well the market (SPX) is up 41% since its March low. You may have avoided a 30% loss, buy you're still 30% poorer than you would have been had you bought stocks earlier this year.