Quote:
Originally Posted by GregWeld
The very best time to buy is when the market is DOWN not UP.
Having said that --- even when you have a bucket of money --- it's hard to follow this simple advice. I get it.
Whenever you get nervous..... GO TO THE CHARTS!!! Stretch 'em out ---- DO YOU NOT SEE THAT THEY'RE LOWER ON THE LEFT SIDE AND HIGHER ON THE RIGHT??
Now -- be a smart guy and pull up a comparo chart of Home Depot (HD) and Lowe's (LOW).... Personally I've always liked HD better. Lowe's - to me - is too "Chinese imports for the housewife" kind of a store.
How many years do you have before you actually retire --- and then --- wait for it --- how many years do you plan to live after retirement?? My guess is - no matter how many dips the market takes - it'll be higher in the long run.
|
Greg you are the man.
I bought lowes at the time because it was worth half of what HD was, and it has really paid off. I have shopped at both, and I understand exactly what you say about contractor style of Home Depot vs housewife faux-renovation style of Lowes, BUT both are always packed everytime I go into one, PLUS the Lowes is easier to get to for me, haha
Im gonna take a look at the comparison, last time I looked they were pretty neck and neck for the past few years.