Quote:
Originally Posted by retiredguy123
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.
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I keep more than 40% as I can deal with risk and think of the long term. Dollar cost averaging is a great way to invest.