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Personal Finance and Investing

mahatmakanejeeves

(62,735 posts)

9. No, you should have bought the day before yesterday.

Reply to multigraincracker (Original post)

Tue Oct 4, 2022, 10:24 AM

Oct 2022

At least for mutual funds. The price you pay is the closing price. If you buy on a disastrously down day, you buy the fund cheap. If you buy on an up day, you pay more.

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I knew I should have bought yesterday. [View all] multigraincracker Oct 2022 OP

Jeez. Thank God. I thought that slide was never going to end. Scrivener7 Oct 2022 #1

Actually at the moment, it will take a 30.4% rise for the S&P 500 to get from now (3680) to the progree Oct 2022 #2

Yes. That is true. Scrivener7 Oct 2022 #3

Well, it's still down from recent highs. PoindexterOglethorpe Oct 2022 #4

Last time I jumped in multigraincracker Oct 2022 #5

I bought more equities when the market had gone down 20% or more. More than once progree Oct 2022 #6

I don't buy individual stocks. PoindexterOglethorpe Oct 2022 #7

You seemed to have missed what I said in my post. When did buying stocks on sale not work out? progree Oct 2022 #8

No, you should have bought the day before yesterday. mahatmakanejeeves Oct 2022 #9

Don't kick yourself just yet BWdem4life Oct 2022 #10