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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 02-28-2020, 07:43 PM   #11
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by spence View Post
Just the other day you’re a judicial expert and today you’re Jim Kramer
Posted from my iPhone/Mobile device
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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