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Re:Dow Plunges 1,175, the Biggest Point Drop in History by rubicon33 on Monday February 05, 2018 @05:55PM (#16313010)
Yea, it comes just 1 week after I finally relent, and invested a large some of money which was "waiting" for this very correction.

So, guys, next time you want the market to drop just let me know and I'll invest some money.

FML.

Re:Dow Plunges 1,175, the Biggest Point Drop in History by 8ytecoder on Monday February 05, 2018 @06:02PM (#16313057)
It's impossible to time the market. If you are a value investor and see a stock that's undervalued, it's perfectly ok to invest as much as you want right away. In all other case, investing regularly and over time averages the cost. Holding on to it for a long enough period of time gives a consistent and better return.
Re:Dow Plunges 1,175, the Biggest Point Drop in History by komali2 on Monday February 05, 2018 @05:57PM (#16313026)
What kind of sum? Were you doing dollar-cost averaging?

This kind of shit stressed me out so much to "track" I gave up entirely. Not like I'm ever pulling it out anyway.

edit: https://www.investopedia.com/terms/d/dollarcostaveraging.asp

Re:Dow Plunges 1,175, the Biggest Point Drop in History by cgb223 on Monday February 05, 2018 @06:02PM (#16313061)
I felt the same way so I just started investing a litte each month instead

That way it all kind of averages out instead of trying to time the market

Re:Dow Plunges 1,175, the Biggest Point Drop in History by Redoubts on Monday February 05, 2018 @06:22PM (#16313176)
You only lost a month's worth of "progress", the dip doesn't seem like a big deal unless you wanted to sell something today.
Re:Dow Plunges 1,175, the Biggest Point Drop in History by ausjke on Monday February 05, 2018 @08:25PM (#16313784)
I sold everything in 2008 at the lowest price, had I not done that they all come back eventually. I think it just took a few years to come back as it has been all the time, which is why the saying goes, "don't use the money you will need for the next 5 years to invest", otherwise it should be fine.