I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
About this quote
- What does it mean?
- Buying funds wisely during market declines leads to happiness over time without timing tips.
- In plain terms
- Buy wisely when market is down.
- What can you take from it?
- Buy wisely not based on tips.
Where it applies
Putting it to work
Questions to consider
- How do you choose when to buy?
- Do you trust timing tips?
Another view
Market declines can last years so wisdom alone does not guarantee short term happiness.
More from Peter Lynch
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't k…
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Permalink to quote #9 You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
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