Quote:
Originally Posted by beshannon
Time in the market is always more important than timing the market.
I just watch a piece on Bloomberg where some "expert" is saying we will go down 25% but in the next 12 months we will be back where we are.
So? I just stay invested and ignore the noise. That has worked for the last 45 years of investing for me.
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You’ve been at it about a decade longer than me Brian, but this approach has worked very well for me as well.
I remember well Black Friday. I was new to investing at that time and boy I’ll tell you that was gut wrenching.
My dad (a farmer btw) told me not to do anything just wait it out, and the market will bounce back. Something about keep a steady hand on the plough …. Of course he was right.
This is said not to belittle anyone here for a different approach, we all have different views and different goals.
Me, I’m a simple investor and just sharing my experience