My friends,
Here is an example, of Dollar Cost Averaging an asset that you believe in longterm. All the vertical blue lines are times I bought every month. This example happens to be Microsoft stock MSFT. But you can do this with anything. If you wait for an asset to drop before you buy or you think you can time the market good luck with that. In this case MSFT has been in a bull cycle since 2015 so you probably would have never even got in.
My point is, don't wait for a major pull back because it might never happen. Instead invest in something you believe in and Dollar Cost Average.
Here is an example, of Dollar Cost Averaging an asset that you believe in longterm. All the vertical blue lines are times I bought every month. This example happens to be Microsoft stock MSFT. But you can do this with anything. If you wait for an asset to drop before you buy or you think you can time the market good luck with that. In this case MSFT has been in a bull cycle since 2015 so you probably would have never even got in.
My point is, don't wait for a major pull back because it might never happen. Instead invest in something you believe in and Dollar Cost Average.