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05-09-2022, 08:48 AM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by Stu from NYC
How in the world will you know when the market bottoms out? Dollar cost averaging works the best for times like this.
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I can't possibly know "the bottom" but am planning some purchases when P/E ratios drop to about their historical averages. At present it seems to me the market will drop further due to inflation, rising interest rates, issues due to the war in Ukraine and other factors.
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