GenXguy
Thinks s/he gets paid by the post
I'm not sure I get your point, or maybe you don't get mine? Let me ask a question...
What if you had some cash in 1974/75 (or whenever the early 70's crash was at a low point). Wouldn't you have been better off to invest your money at that point, even if the market wouldn't fully recover for well over a decade later (as opposed to letting it sit for that same decade as the market increased)?
So, all you have to do is invest when the market is at its low point. But how do you know you're at that point at the time??