Quote:
Originally Posted by toy71camaro
Same here... have had my eye on it for a while now, just saving up the $ to the price point that i want to make purchases at ($1k for me).
Im curious as well, if its worth jumping into before, or like previously mentioned, wait til August before jumping back into the market... either way, long term, it probably wont make a HUGE difference, but could be a subtle difference down the road.
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LONG TERM it makes about zero difference.... here's what does make a difference --- BEING OUT OF THE MARKET.
It's a proven numerical fact that GAINS in the market are only actually made a few DAYS in any given year -- the rest of the year it moves two forward - one back - three back - two forward.... BUT a couple times a year there are nice big PERCENTAGE moves and if you're out on those days - you've lost the largest percentage for that particular year.
Coke has split 10 times since 1919.... do the math of how many shares you'd have starting with ONE share in 1919... and splitting 2 for 1 ten times - and now once again so 11 times....
1
2
4
8
16
32
64
128
256
512
1024
2048
And this last time
4096
None of us would have lived that long -- but it begins to be the law of large numbers --- do the math had you bought 100 shares back at 256 !
