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frugality investment recession Uncategorized value

When all hope is lost…that is the bottom of the market


How to buy into the market without fear.


We’re not there yet, folks. I’m thrilled about the upturn in the market for the past three days (and you should be, too).  At this point there’s a horde of people panicked to get their money out.  They will.  This will drive the market down.  That’s completely natural.

This will happen a few times before the next great bull rush.

Don’t worry about it.  Relax.  Dollar cost average your way into the market, and keep in mind:  up or down, in 5 years or so, this will have been a very good time to invest.

Dak

By Dak

Father, leader, writer, scientist, visionary.

Technical software development leader (CTO, VP). Excels when improving and turning around teams, putting better tools and software architectures in place, and getting better outcomes.

2 replies on “When all hope is lost…that is the bottom of the market”

I’ll echo Chris – to be sitting on a pile of cash to invest NOW would be very good indeed.

Takes a strong stomach to invest when (most days) the market is in a downward trend. Then again, I dollar cost averaged my investment in Apple around 2000 when people were (again) saying Apple’s days were numbers. That investment is STILL up aroud 800% for me.

If only all investments worked out that well!

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