Easiest way is the hardest way (not for impatient investors)
Ever heard of the phrase:
"Time in the market beats timing the market"?
"Time in the market beats timing the market"?
What it means is to buy fundamentally good stocks / ETF for long term and dollar cost average into them.
The dips may last for a few months, but after those dips, it's back to all time highs.
The reality is, no one can time the market consistently. Trying to do so is simply gambling with a coin flip.
Sure, if you time the dips properly you may get better returns. But with DCA, you don't even need to be skilled to earn money.
Sure, if you time the dips properly you may get better returns. But with DCA, you don't even need to be skilled to earn money.
Imagine if you were to buy at the "peaks", you may see paper loss over a few months. The key is to buy in consistently, to dollar cost average down. Reap the juicy returns when the market does well.
As usual, DCA is the best strategy in the long run. ![]()
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PandaMoo : Do you think cut loss is needed for the good stock, such as SPY & TSLA?
then buy again during the dip?
I still believe it will bounce back very soon once the smokw is clear (perhaps by 2nd or 3rd quarter)
Deanna Hutsell : ?
SpyderCall PandaMoo: always buy the dip on SPY and TSLA. But at the bottom. must will send us another tweet at the bottom. just like he told us when to sell at the double top with his tweet staying "top." its hilarious but the market has been falling since then. Musk is crazy!
Business InvestorOP PandaMoo: It is very hard to time the market. No one really knows when and where is the bottom. You can try sell at close to 850-900 and then DCA in after march. But, again, it's risky
serenetan : Ok ok ok ok
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