I know two things:
1. The S&P 500 is down 18% from it’s high.
2. Cash I invest right now will get an 18% kicker IN ADDITION TO…
…the normal 10% annualized return of the S&P 500 over the last 60+ years.
Is it possible I can get an even bigger kicker if I wait longer and the market goes down even further?
Sure.
But it’s also possible that the 18% discount I’m looking square in the face right now disappears completely.
A bird in the hand n’ all, ya know?
