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EFC Share

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Damo needs the share price to drop to £400 so he can sell his Xbox his parents bought him for Christmas to get one, nobody in there right mind would expect to get a share for that money

I've alot more money than that. I'm just not going to get ripped off over it
 
Er surely then you buy in dips and sell on the rises ? Unless you're buying blindly.

"Time in the market beats timing the market".
Invest consistently over the long term, don't worry about dips and peaks and let compound interest do its thing.

Sure you have day traders and the like who'll try to time and capatilise on short time changes but that's their raison d'être, it requires a full-time commitment and no shortage of talent for predicting the market. Folk like me (the vast majority) who are just looking to retire comfortably pick a few favourite funds and play the long game (decades worth). I only started a few months ago but learned very quickly to respect where my level is.
 

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