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Reply to "Dumb Market Timing Question??"
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[quote=Anonymous]If I have $20k ready to invest in a stock index fund - tell me why I should not wait for the next big market drop and invest that evening or the following morning. Seems like that would ensure I am buying low (or at least lower than now). I am not in a rush to invest and given market swings of late, it seems like we will have a few more large market drop days. If the answer is it could always go lower, if I invested today that investment would have gone lower too — once it’s in, I don’t plan on touching for many many years. But everyone always says don’t time the market. What am I missing? [/quote]
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