Quote:
Originally Posted by Molitoth
Really?
I'd wait for the next big dip. Billionaires make it happen with FUD, because that is how the money is made.
They are thinking long term, while most people are thinking "how can I get rich quick?"
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To me, it just goes back to basic timing vs. time in. With DCA catching the average (while having cash for the big dips).
Investment methodology is a personal thing and dependent on risk and all that. I'm an all in, all out kinda hipster. The overall investment community is a fan of DCA however. Now, you might say these are two distinctly different markets and I agree, but that shit transcends all things, bro.
Whatever. I'm high.