09-17-2014, 03:43 PM
(09-17-2014, 12:12 AM)Dividend Watcher Wrote: Personally, I'd just focus on buying quality companies when the price meets your criteria. You never know when Mr. Market is going to have a fit.
Agree totally! It's also the hard part when the market is rising, because you never get to a buy point. That's where patience comes in. The market will correct, eventually, and if you have solid positions than you will gain in the long term by having patience.
If your just beginning to invest than then you may wish to buy on a regular basis (if you can wait for minor drops) and benefit from Dollar Cost Averaging.
Don't get excited or worry that you missed an opportunity, there will be others and don't buy because of what you read or hear.