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Old 06-27-2016, 12:38 PM   #14
DaFace DaFace is offline
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Join Date: Aug 2005
Location: Donkey Land
Casino cash: $26984
Quote:
Originally Posted by Holladay View Post
This is a no brainer buying opportunity. Scrape any extra money and dump it into ANYTHING. When blue jeans go on sale, people buy. When the market goes on sale, people run.
At the same time, the stuff I've read suggests that that isn't necessarily the optimal approach either. If you buy today, you really have no idea if it'll continue to slide (in which case you should've waited even longer), and if you buy tomorrow, you might have lost out on any gains that happened today.

As boring as it sounds, the best approach is often just to keep doing what you've always planned to do regardless of what happens.
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