I try to keep in mind that markets are unpredictable, and missing out on growth while you wait for the next crash can cost you money too, even if it doesn't feel as bad as a position you hold losing value. I invest about the same amount every paycheck whether people are crying bear, bull, bubble, or apocalypse.
Oh, I know what it's called "On the Street". And it's bull.
>You can save and spend at the same time, I do it all of the time, it's called budgeting."
Huh?
>$2k at a current market/stock low and keep the rest "dry".
But why just $2k? That might be the bottom, and then you've missed out putting those dollars to work.
>What is your investment strategy? Invest at the market/stock highs?
I can't predict the highs or the lows, just like you can't, so it's not part of any strategy I implement.
>According to...people that have actually invested.
You mean me? I've even done it for a living, with other people's money. Imagine that.
>Always be comfortable with losing what you invested, because you might lose it.
I get it now, you're just a random spouting aphorisms you've read.
"Always be comfortable with losing what you invested, because you might lose it." - Google it.
>I get it now, you're just a random spouting aphorisms you've read.
Yeah, those aphorisms, with their pathetic grains of truth, what a fool I am.
According to...people that have actually invested. Some positions lose money, some make money, but you'll never know what it's like until you get off the bench and put some skin in the game. Always be comfortable with losing what you invested, because you might lose it. Always be comfortable with taking a profit, because you might lose it.