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Re: OR Nurse post# 59689

Friday, 09/29/2017 9:01:23 AM

Friday, September 29, 2017 9:01:23 AM

Post# of 140474
Understood. But such is the risk one accepts in investing. Timing stocks or the market is a fools errand for 99.99% of the population, studies repeatedly show that steady, consistent investing in a diverdified portfolio over the long run results in a greater returns than timing, due to high transaction costs and the 50% of the tine you guess wrong. What I'm driving at is no matter your purchase price, if you are a long its more likely you will be rewarded. If you expected a quick and handsome profit, your expectations are not in line with reality. This has been my mantra for the last year.