this post was submitted on 01 May 2025
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Well yeah, I agree about insider info, thats a big reason too. But buying when stocks are low price? Its the same idea as buying groceries when they are on discount. Anyone can do that.
Maybe it goes down some more, but long term its always good to buy when its cheap. Everyone who bought in previous downturns for the last few decades made a lot of money if they didnt sell.
Everyone who rode the market out over the last few decades made more money than those trying to time it.