I appreciate the commentary. To me, that first chart (historical performance of the S&P) demonstrates one thing vividly: It makes no sense to try to time the market. Trying to determine how far up is the top, or how far down is the bottom, looks well nigh impossible, especially when you are in the thick of it. Perhaps there are others who can do it, and more power to them if they can (literally). I am not one of them.
I appreciate the commentary. To me, that first chart (historical performance of the S&P) demonstrates one thing vividly: It makes no sense to try to time the market. Trying to determine how far up is the top, or how far down is the bottom, looks well nigh impossible, especially when you are in the thick of it. Perhaps there are others who can do it, and more power to them if they can (literally). I am not one of them.