[fakeElonMusk]

I did a fair amount of technical analysis trying to learn day trading a few years ago. I've also bought and sold stocks based on fundamentals, trends or hunches. I lost money and I made money. The best returns I had were from buying stocks in 2008/2009 during the crash (duh) and holding.

My approach now for long term investing is to auto invest monthly into 5-6 index funds w low fees, aka Bogelheads. Simple, low stress. Dollar cost average on auto-pilot.

Also, set aside a nice chunk of cash to invest during the next crash.

[deanmoriarty]

> Also, set aside a nice chunk of cash to invest during the next crash.

Do you have any evidence this is actually recommended? If I leave $100k on the sidelines for 5 years and magically invest at the exact bottom of a 50% crash and double my money when it rebounds, how is that any different than having invested those $100k in the first place? At a 10-15% return, that’s basically the same returns (we can play with the 10-15% and 50% crash numbers, but my point stands).

[Cicero22]

My understanding is that time in the market beats timing the market.

somewhat relevant video: https://www.youtube.com/watch?v=w_aOERmUWdA

His videos generally are high quality and offer good advice, although some are tilted towards a Canadian point of view in terms of taxes.

[fakeElonMusk]

I have zero evidence that it's recommended or out performs your scenario. I do have one data point of it working well for me, so I'm planning on doing it again.

[kpr21]

Thanks for the input