Anybody Buying Yet? Where’s the Bottom?

[Nick87]

Dollar cost averaging. It's basically, keep adding to your positions, with every pay period. When stocks are down, you get more shares, less when they are higher.

More or less what we try to do. Didn't know there was a term for it.

 

[SAJ-99]

I promise all of you that you were far more responsible about building a retirement than most. The median retiree is retiring with $410,000 saved. Do the math. It is pretty clear that person isn't retired at all. Maybe 100% stocks on a hope and a prayer (and a lot of ramen noodles) is the median person's retirement strategy.