Fire strategy

Redsanta wrote: ↑ The long term has been working well since the gold standard was abolished and fed continously print money inflating asset prices and everything.

Just hope it wont turn to stagflation for the next 50 years as the data suggests, and DCA will become Declining cumulative assets…

The only thing thats keeping the market up is the fed until it isnt

craftsman wrote: ↑ There was an article/study on a similar question of what happens when an investor starts investing at the top of the market. I don't have a link to the study but the conclusions were basically this:

1. Yes, it hurts but for most early investors, the sums are absolutely small compared to the amounts we are looking at 20 years down the road.
2. Time in the market will generally rescue early issues.
3. Crashes at the end of the investment lifeline will generally hurt more in an absolute number as the amounts being talked about are much larger - ie $2 million in assets vs $20 thousand.

Having said the above, of course, there are some cautions such as constantly looking for that lottery ticket win will generally cause a lot of pain. You may hit one but will it make up for the big losses?