Quote:
Originally Posted by Arminius
Yeah, but now things are on sale, so it's good to think about the future time to buy.
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Oh, yes. I remember the stock market crash back in 1987 or so. Recently out of college, and with a decent job (after years of being a starving student) finally had some savings in the bank. In the weeks after the crash, I invested most of it. Within a couple of years the market bounced back, and I made enough profit to put a good downpayment on my first house.
Remember the basic market advice: buy low, sell high. Too many people seem to do just the opposite. They buy when things are popular & prices are going up, then sell when they fall.