| I cannot speak to crypto, but as far as the others go: Gold is at 4988 today, MAX was 5626... beginning of November it was 4000, so in 3 months up 25%, what do I care about the max it was for 5 seconds. Silver is at 88 today, MAX was 122... beginning of November it was 48, so in 3 months up 80%, what do I care about the max it was for 5 seconds. DOJ is at 49500 today, MAX was 5328... beginning of November it was 47500, so in 3 months up 4%, OMG now I am mad! That is only 16% average a year.... With inflation at 3%, a real rate of return is only 13%. I can laugh all the way to the bank on that one. This is why dollar cost averaging is a critical method. I was discussing market crashes with a friend. He pointed out that it took like 25 years to recover from the great depression. Which he was correct, if you put ALL of your money in the just a minute before the crash. If you had been doing $100 a month for 2 or 3 years, your recovery was MUCH faster. |
"Time IN the market beats timING the market."