Jason Zweig

It's not the whole thing.

Well, I think the best advice overall for people is to be gradual.

Don't do anything suddenly and don't do anything big.

If you're concerned that this is a dangerous time to invest, then invest just a little bit and do it every month.

You know, invest $100 a month.

in a couple of index funds and just put yourself on permanent autopilot.

Just every month, $100 goes in.

And as you earn more money, you can raise that.

And that means that you can't lose all your money because you didn't put it all in the market.

if the market goes down.

But if the market goes up, you'll at least make something because you're not out of it entirely.

Yeah, so it's a great question with kind of a complicated answer.

So I think the problem with that approach is

is taxes and trading costs.

I mean, every time you sell it again, the government is going to take a piece of what you got.

And that's just not...

a good idea over time because it takes such a bite out of your... 15%, right?

Yeah, exactly.

And it's better to leave the money in there and let it compound than to try to take it out and...

put it sort of hold it back and then put it back in.