UnderTheRadar
Dryer sheet aficionado
- Joined
- May 20, 2007
- Messages
- 46
Bo, I think it is a reasonable question 0 just that nobody really knows. I sure hope so - because we continue to plan money in to the market. Selfishly - I would love another few years to "average down" - but know there are lots of people older (including parents) who might have another opinion.
I read a book one time where the author said that every generation has one or two good opporunities in their "cycle" to make money in the market. Obviously 2010 was one of those opportunities - for those people who had cash on hand. Monthly steady dollar cost averagers obviously did not unless they made a swith to cash temporarily.
I read a book one time where the author said that every generation has one or two good opporunities in their "cycle" to make money in the market. Obviously 2010 was one of those opportunities - for those people who had cash on hand. Monthly steady dollar cost averagers obviously did not unless they made a swith to cash temporarily.