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by deanmoriarty 1635 days ago
> 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).

2 comments

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.

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.