Do DCA, don’t FOMO.
If you were a 20 year old in 1929, inherited a fortune, put it all into stocks at the peak due to FOMO, and HODL’d during the crash, it took 63 years to recover your fortune’s purchasing power, at a ripe old age of 83.
DCA my friends.
(Data Source: DJIA, CPI, Mike Maloney)
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