Quote:
Originally Posted by Clarkey
You've got to do the cost benefit on this. I think it would feel crappier psychologically to miss out on potentially the biggest buying opportunity in history than to say that you sat on the sidelines and avoided another 10-15% market drop.
|
While I agree, a market drop of 10%-15% is something I'd be happy to avoid. A 10% gain annually is something most investors hope for. That much of a drop and you start to lose sleep. Also, I think for most people, a loss is a lot more emotional than a gain. I'll keep an eye out for this potential drop.