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Old 10-29-2020, 06:34 AM   #439
Edward64
Head Coach
 
Join Date: Oct 2005
FWIW, from an author some of us know. Don't try to time the market.

https://www.marketwatch.com/story/do...ge-cx#cxrecs_s
Quote:
Burton Malkiel, Princeton economist and best-selling author of the iconic investment book, “A Random Walk Down Wall Street,” urging investors in a recent CNBC interview to remain calm in the face of recent stock-market weakness.

“Don’t try to time the market. Certainly don’t sell out now,” Malkiel said. “The best investors are ones that don’t try to time the market.” He suggested that investors “sit tight” and “stay the course” by sticking with a diversified approach. “You’re much better off to just be broadly indexed in a very low-cost index fund,” Malkiel told CNBC after Monday’s drop.
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