Investing 102

[GregWeld]

Originally Posted by toy71camaro

Welcome Tyler!

I unfortunately don't have the answers to your questions.

But, I dont base my actions based on what Greg does. He is in a different situation than most of us. I am investing for long term retirement. So short term ups/downs dont matter a whole lot to me. He is investing for short term gain (his income) and sustained investing for his future income.

You'll learn as you read through these pages that "Timing" the market isn't very successful. Just look at today for example. The market dropped ~2% yesterday. My investments took a good hit (worse one i've seen since i started this). However, today, its back up. and one of them (KO) is up 5+% today. I would of likely "missed" that if i would have been trying to time the "low point" of the market, rather than just getting in whenever i could.

Good luck!

SUPER SUPER GOOD POINTS!!!!