Re:Ask HN: What did you do when you suddenly got rich?
by _nalply on Thursday July 25, 2019 @02:26AM
(#20523089)
It is because if you can't time the market you don't know whether you are in a slump or in a rally. If you stretch your investment in time you partially avoid a possible crash after a rally when you got in just before the crash.
Re:Ask HN: What did you do when you suddenly got rich?
by Huggernaut on Thursday July 25, 2019 @02:53AM
(#20523233)
On the order of 25+ years I don't see why this would make much of a difference. See Bob, the world's worst market timer: https://awealthofcommonsense.com/2014/02/worlds-worst-market...
Re:Ask HN: What did you do when you suddenly got rich?
by eb0la on Thursday July 25, 2019 @03:37AM
(#20523430)
I really enjoy your point :-) but I see things differently.
I think stretching your investment means you learn about how markets and investment really works because you will make a lot of mistakes during a period of time.
Rushing into market means you will make less mistakes, but bigger ones.
Re:Ask HN: What did you do when you suddenly got rich?
by Huggernaut on Sunday July 28, 2019 @09:59AM
(#20547564)
I like this observation that you can take time to ease into it. A lot of the risks of investing passively are really on the individual and the right mental approach is extremely important too.
Re:Ask HN: What did you do when you suddenly got rich?
by simonebrunozzi on Thursday July 25, 2019 @01:17AM
(#20522757)
> "piece of mind"
Small typo, I guess you meant "peace of mind".
Re:Ask HN: What did you do when you suddenly got rich?
by compsciphd on Thursday July 25, 2019 @09:51AM
(#20525327)
yes, need to stop trying to write after midnight
If one believes
a) one can't time the market b) the market (as a whole) trends up over time
doesn't this means that on average the best time to invest money is as soon as you can (of course there are other reasons to take you time, but I don't see how "diversifying by time" is a good reason as it would seem to imply market timing)