Buy LOW
and sell high.
Thus my anger when I saw this chart;
People are making less contributions to their 401k and other retirement plans, as the stock market has gone down.
This runs contrary to logic. Stocks, as just like anything else, be it video games, food or gas, you want the lowest price possible; ie-with the stock market tanking, NOW is the time to be buying stocks, not pulling back.
Normally I would deliver a hand holding explanation as to why this is and the merits for it, but I'm becoming more and more defeatist as I see an increasingly level of insurmountable ignorance when it comes to personal financial management in this country, that I'm just going to leave it at that.
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