Hopefully someday, someone, somewhere will actually read this blog and happen to stumble upon this post and answer my naive question.
I’m not a financial wizard by any means, but I have new 401k opening up and virtually all of it is in stocks. Is now actually a good time to dump as much as I can into something like that?
Does the whole “buy low, sell high”, rule apply to a case like this? I mean, the market has to recover eventually right? Am I an idiot for dumping money into stocks now?
I have my own opinions obviously, but I’m curious to hear from someone whose opinions aren’t formulated out sheer conjecture and tea leaves.