Quote:
Originally Posted by AJF_41
sounds like you know a fair amount about market timing.
what do you do again for a living tiduwho?
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I don't market time. I just had the luck of starting when the market was down significantly ----- most of the dollars I invested personally was in late 2008 and during 2009. So while it's been an interesting hobby to follow, I would've gotten close to the same return had I just put it all into the S&P 500 index.
My biggest mistake was buying Apple @ $534. Talk about a falling knife. But eh, like most people, I'm looking very long term and thus will be holding for quite a long time.
My advice was more simple: Keep in mind where the market is at. We're butting up against record highs all the time. If you're not in now, keep that in mind before you jump in.
It's a lot easier to get returns because the whole market is heading up, than individual fund/stock/bond picking returns. Like in my own example. Just lucky to come in at a good time.