I've Been Waiting For The Market To Drop For Years!

You hear it all the time: the stock market will correct at some point. There will be a significant downturn. Stocks can't keep going up forever. Corrections are good and they will happen. When everyone else is panicking and selling, that is the time when you should think about buying.

And like a fool (it seems), I have been waiting for this to happen for years now. Waiting for the market to take some sort of a significant drop so that I can buy in and get a lower (maybe better?) price for the stocks I want to buy. But no.....the market seems to just keep going up.

The end result is that I have lost a lot of money. Not money I have actually lost but lost in the sense that I could have made it and didn't.

Its easy to look at any historical stock chart and point to the places where a person should have bought a stock. But in real life we don't have that hindsight. We don't know when the market is going to go up, down, keep going up, or turn around. We can only guess.

With this bull market going on 8+ years now, I have been guessing wrong for a long time and feel a bit like an idiot. There are so many stocks I could have bought and wanted to buy but held off on hoping for a better price. Hoping to get them when the market took its inevitable correction that has never come.

I have lots of cash to invest but the question for years now has been: should I buy here near or at the market's top or wait for that pullback? That pullback that never seems to come but I know is out there somewhere.