Thread: Oh-noes
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  #7  
Old 07-16-2007, 01:58 AM
kimchi kimchi is offline
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Join Date: May 2006
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Default Re: Oh-noes

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meh, you could wait a couple months if you feel that the market/your stock picks are seriously overvalued at this point.

But when you retire in 20/30/40 years, the difference will hardly matter.

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umm losing 20-30% of ur money at ground 0 makes a huge dufference over 20-40 years.

Still I think OP would be fine to stick his $$ in stocks.

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It's not as if he's going to dump his savings in one lump sum.

It's cheesy, but dollar cost averaging is perfectly suitable for most investors using a diversified portfolio.

Folkes scared by Greenspan's 'Irrational Exuberance' speech or Robert Prechter's eternal doom-mongering in the mid 90s would have lost out on one of the greatest bull markets in history.

The later part of this decade may be even better, or you may bust by the end of the year.

It's +EV in the long run, and the best time to start is now. Delaying because of fears that the market is overpriced is -EV.
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