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With the broader markets beginning to pick up speed, bears are bound to look to hold off before a much-needed or even long-overdue correction. Indeed, market pullbacks happen, and they tend to be glorious buying opportunities, especially if there’s a clear path for the bull market.
Indeed, doubt the bull market’s strength if you will, but investors should know that waiting for market corrections could cost you money if stocks proceed to gain more ground, then the next 10% dip will wipe out. Indeed, if stocks take 50 forward steps and make only 10 back, you would have been better off not timing the markets and waiting around for a 10% drop.
New investors: Taking market timing out of the equation
Dollar-cost averaging (DCA) just makes sense for many investors who don’t want to have to stress about the timing factor. It’s a strategy that entails buying portions of stock…
