Factoid for the PermaBears

[bsmeter2]

Quote from hels02:

Buying at the bottom is absolutely the greatest way of making money.

The question has always been and always will be... how do you know it's the bottom?

You can't.

 

[whitster]

qqqshort, your datapoints are irrelevant to the 20 yrs question

 

[gspaulsson]

My point exactly. We know after the fact that jumping into the market in 1933 was a great move, just as we know after the fact that the effects of the great crash would be cancelled out in a few years and anyone who rode it out would make a small profit. It tells us nothing about what's the right thing to do now.