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864-How to Respond to Turbulent Markets

Radical Personal Finance

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How Do You Buy More of Em When They're Cheap?

The market is literally just a approximation of the net results of millions and millions of different decisions. Remember that for every seller, there's a buyer. For every one who sold, somebody bought. And those prices just kind of wander around. Some days you can think, you know why those prices are what are what they are. And some days you can't. But if you're buy and hold investor, then your strategy is simply try to buy high quality assets and hold em for a really long time,. Buy more of em when they're cheap? Well, this is usually known as dollar cost averaging.

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