Quote:
Originally Posted by villagetinker
IMHO, I would wait a little while, I do not think we have seen the bottom yet, and this drop is so big, even if you start buying on the upswing, you will probably still make out well.
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Agree, if you decide to buy an index fund, don't put it all in now. Perhaps put in a small portion in now and add to your position over time if/when the market continues to trade off. It doesn't feel like we are near the bottom yet. Personally, I am another very bad day for the stock market away from where I plan to start gradually buying into an S and P index fund.