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I’m not sure what you’re implying. In terms of investing, you should not wait until it recovers, you want to invest near the bottom and on the way up.

The money you have in now should be held.




If you know when the bottom is, you shouldn't be posting here, you should be chilling on your yacht.


You missed the point.


I’m implying that it wasn’t “2-3 years” as the parent poster alluded to.


“ In 2-3 years we will be recovering.”

I’m not sure exactly what he meant, I read it as “we will be near the bottom in 2-3 years”. Recovering means something different than recovered.


So now if we compare it to the dot com bust. It will be 20 years before the recovery….


I believe it was ~13 years before the nasdaq reached the same level as the peak of the dot com bubble. I also find it odd to use the peak as the primary reference point. It was a brief moment in time. For example, if you had invested in the nasdaq in Feb 99 or Nov 2001, instead of Nov 99, it recovered in 7 years. If you started in Aug 98 it recovered in ~5 years. There was rough a window of a year where it would have been really bad to invest, but that is why everyone recommends dollar-cost-averaging (https://www.investopedia.com/terms/d/dollarcostaveraging.asp) instead of investing a ton all at once.



That’s using a different index than I used. Neither is right or wrong, hard to define “dot com” bubble stocks precisely


Actually I am wrong. The NASDAQ was the index I should have referred to.

https://www.theguardian.com/business/2015/apr/23/nasdaq-new-...

It took 15 years.


Ya'll are talking past each other. Since I made the comment, I will define my terms more precisely. In 2-3 years someone who consistently invests a fixed portion of their earnings/assets into a weighted vehicle/basket will be enjoying an appreciating net worth. I'm not claiming to be able to call the bottom, but I'm also not measuring "recovering" as peak-to-peak. Peak to peak would be past-tense "recovered".


Exactly.




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