Quote:
Originally Posted by todeen
+1
You need to invest now. Maybe not everything at once, in case it keeps going down, but start immediately.
I'm going to suppose you are not day trading. That would require different thinking.
So supposing you are buying to keep for a long time and get the dividends and stock splits, etc, buy continuously. Buying constantly is called averaging. In the long run it makes the stocks that you bought at a higher amount cheaper.
That's what others are talking about telling you to invest in funds constantly. The share price changes, but it averages out. Same with stocks. Buy now. If prices drop more, invest next Monday. If prices continue to drop, buy buy buy.
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I agree. Thanks for the advice.
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T206 Collection Completion: 130/524
Hall of Fame T206's: ?/76
Back Run: 30/37 (81% Complete)
Schlei (Catching) Back run: 10/12 (minus blank back)
Actively collecting t206 Hall of Famers, Southern Leaguers, and Various backs in good to excellent condition. Love talking cards too.
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