Stock Market Tumbled 500 points at One Time Today

[BDC]

So wait until it stops falling and buy buy buy?

[Ser Clegane]

So wait until it stops falling and buy buy buy?

Generally a good idea - the trick is of course to know when it stops falling

[doc_bean]

Generally a good idea - the trick is of course to know when it stops falling

doesn't really matter as long as it rises higher than what you bought it for again.

[Ser Clegane]

doesn't really matter as long as it rises higher than what you bought it for again.

Of course - and that statement would have been just as true yesterday

[Adrian II]

Bonds are rallying.

[Hosakawa Tito]

If one invests by dollar cost averaging, I have a percentage of my biweekly paycheck invested in mutual funds/bondfunds/moneymarket funds consistently, then this particular drop is buying on sale. One doesn't lose or make money till they sell their shares. Trying to time the market is just about impossible, better to spread your purchases over time.

Pay day is this thursday for me, so this market drop is well timed for moi.