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tsnara t1_j2dof55 wrote

Don’t try to time the market. Just buy when you have your $50 available.

Some times you get a “good” price per share with that $50, others not so good. Good price means your $50 will buy more shares compared to a bad price.

But either a good or bad price on each $50 purchase you make will result in more or less the same outcome - you’ll own a lot of shares that accumulate over time. Especially if you’re diligently buying shares each time you have extra cash, with little regard to the price you pay.

That’s the secret - amass shares and don’t sell them for decades.

(Ps - Don’t buy individual stocks- stick to broadly diversified mutual funds or ETFs)

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