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Thread: How has the stock market been treating you?
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Old 09-22-2022, 11:18 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Rainger99 View Post
The long run was a lot longer when the market crashed in 1987.
True, but a lot of people lost almost their entire retirement savings by selling low in the 1987 crash, and were afraid to go back into the stock market when it started to go back up. Trying to time the market is a bad idea. I have always invested in the stock market using the "dollar cost averaging" method and with a "buy and hold" plan, and I never had more than about 40 percent of my investments in stocks.