Quote:
Originally Posted by Rich42
Ever since the stock market started, corrections (or drops if you prefer) have always been followed by even higher increases. How do you think the market got to where it is today? Make sure your portfolio consists of a good allocation of all types of investments and then stay the course. That is the best investment advice you’ll ever get.
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While I possess advanced degrees, and I am a longtime member of Mensa, I do not have the hubris that many others might. I do not think I cannot outsmart or out-time the markets. The only one that can do that probably got a fiddle of gold to be able to do it. The Oracle.
So, like you, I stick to two strategies: Buy and Hold, and Dollar Cost Averaging. I concur with your perspective, Rich42.
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Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current
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