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<blockquote data-quote="olroadbeech" data-source="post: 4420327" data-attributes="member: 52145"><p>sorry no. i saw an opportunity to buy back in and took it. we are in for the long haul. don't want to get into that trap of trying to time the market .</p><p></p><p>opportunities like this don't come along often. timing the market is more like gambling. it's all a gamble but we are comfortable taking this risk.</p><p></p><p>what we have used to buy back in is not much overall of our total portfolio. sure we lost some money on paper buying on the way down but I keep pointing out the theory of dollar cost averaging.if the market goes back up to 30k which we believe it will someday ( dont know when ) we will make out well.</p><p></p><p>it took us a long time to be well off. it was not overnight . it took discipline , knowledge , and common sense.</p><p></p><p>I always recommend certain books to my grown children. Books from Dave Ramsey , Andrew Tobias , John Bogle ( who started Vanguard Funds and Index funds ) , Benjamin Graham ( oneof Warren Buffetts mentors ) the Greatest Salesman in the World books , and many others. These are the main ones .</p><p></p><p>I was just being facetious when I said I was so confused.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 4420327, member: 52145"] sorry no. i saw an opportunity to buy back in and took it. we are in for the long haul. don't want to get into that trap of trying to time the market . opportunities like this don't come along often. timing the market is more like gambling. it's all a gamble but we are comfortable taking this risk. what we have used to buy back in is not much overall of our total portfolio. sure we lost some money on paper buying on the way down but I keep pointing out the theory of dollar cost averaging.if the market goes back up to 30k which we believe it will someday ( dont know when ) we will make out well. it took us a long time to be well off. it was not overnight . it took discipline , knowledge , and common sense. I always recommend certain books to my grown children. Books from Dave Ramsey , Andrew Tobias , John Bogle ( who started Vanguard Funds and Index funds ) , Benjamin Graham ( oneof Warren Buffetts mentors ) the Greatest Salesman in the World books , and many others. These are the main ones . I was just being facetious when I said I was so confused. [/QUOTE]
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