Quote:
Originally Posted by Jim in CT
you don’t have to be an expert to know how wrong she was, you just need to be a tiny bit honest.
you tell me, spence. for the average guy who puts a few bucks into his 401k every two weeks for 40 years, are these dips a good thing or a bad thing? if you don’t need the money for several years, are these dips a good thing or a bad thing?
Answer - they are a good thing. Dollar cost averaging, which is how middle class people get into the stock market, delivers a better end result with dips, then it would with a straight-line upward path to the same endpoint.
Buy low, sell high. Is that going too fast for you?
i moved every cent of cash i don’t need, into equities today. it will
eventually work out great, especially if trump gets re elected.
You tell me where my math is off. i’m all ears. Please, tell me where i’m wrong. Be very specific, just this once, no baseless insults. Where is my logic off?
Can’t wait to see your response.
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But if you planned on retiring this year and you rode the Trump wave , and kept everything in hi risk , your ass is bleeding .. I am all in bonds happy with 5% return
And I still took a 1500 hit ... and another 3k I owe the Government so much for the tax break
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