(03-25-2020, 05:40 AM)rayray Wrote:Depends on one's definition of a V. The two major bear markets of my investing career took a long time to return to a new SP500 ATH. The tech bubble took about 7 years and the GFC about 6 years. I was born at the perfect time to catch three major bear markets before age 60. Investing more money as you are doing Ray is the only thing that saved me. This is the stuff that wrecks retirement plans if you get scared out or your asset allocations are inappropriate. I remember when there was a big push to invest the Social Security funds in equities. Yeah maybe that's not a great idea since 401Ks are already there for most.(03-24-2020, 05:44 AM)divmenow Wrote:(03-24-2020, 05:31 AM)rayray Wrote: at this point--i'm adding on the way down and i'll be adding on the way up
You had me until you said on the way up
I hope we can hold these gains today. We could all use a positive day. Any positive in general
BA back up to $116 pre/market. I still haven’t bought it. My 52 week low list is a mile long. Can’t buy them all lol
Absolutely, the buy list is a mile long!
Since I very rarely sell, the last two sells I remember was Target and Google--both mistakes...biggest most financial mistake was RedHat....Oh...I did sell IBM just don't remember when. I don't think I had any sells in the last three maybe 4 years--I can't remember.
I guess another way of looking at this situation is that I'm buying through it, there's a beginning--a middle--and a end...history has proven it makes a "V" it might be a jagged lop-sided "V" but it's usually a "V" a very choppy "V"....That's why I buy through it.
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