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Reply to "Dave ramsey"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] That's a myth. If you left your accounts alone and kept investing right on through the recession, you did just fine.[/quote] Sure. but you'd have done even better to have spent the time leading up to the recession paying off your debts instead of investing that money. Then, when you paid your debt off a couple of years later, you could have bought in while the market was low and been further ahead. That sounds like market timing because it is. That's the whole point. We don't know the future, and you can't time the market. The fact that someone missed out on the last year of growth because he or she was instead paying down debt seems like a really good point right now, but it was over a small window and things could just as easily gone the other direction.[/quote] That's why you keep buying all along, instead of waiting until you pay off your mortgage ridiculously early. So you're buying over that 30 year period of your mortgage.[/quote]
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