[quote=JPJones]How does someone with a 16 year old account here (DZ) not own a house in San Diego yet?[/quote]
I think it’s way easier than you might think. It’s emotionally very tough to buy when the market is down. You are always second guessing yourself because it might go lower. Then when it starts to rise, you tell yourself to be patient, it will go back down again. Personally, I’m not sure I would have bought in 2009 if it hadn’t been for my wife who really wanted to own a house.
The stock market is the same way for me, and because of the difficulty of catching the bottom, I’m a buy and hold stock player. Unlike a lot of people on this blog, I pretty much never sell, I just hold broad market ETFs.
