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re: How do I fix this mistake?

Posted on 1/27/13 at 2:56 am to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 1/27/13 at 2:56 am to
quote:

anticipating a drop in the market.



quote:

This is money I won't need for 30 years.




First off, the market just about has never droped on an election year. So I don't know were you got that idea.

At your age and with 30 years, time is on your side towards investments. Never try to time the market.

Now that the market is high, I would wait out some but not all your moneys. They will be a correction coming soon by next April/May.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 1/27/13 at 9:22 am to
quote:

At your age and with 30 years, time is on your side towards investments. Never try to time the market.


quote:

Now that the market is high, I would wait out some but not all your moneys. They will be a correction coming soon by next April/May.


Does not compute.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69942 posts
Posted on 1/27/13 at 9:31 am to
quote:

They will be a correction coming soon by next April/May.




You're sure about this? You know better than 99.999999999999999999% of investors?
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