Being smart with $$ -- Are there bad times to buy stocks

Does it seem crazy to buy stocks when the market is crashing? And does it seem crazy to buy stocks when markets are healthy but prices are so high? If you bought stocks at the highs in 2000 before the crash, you would be up about 29% today. If you bought stocks at the lows of the 2001 crash, you would be up about 130% today. And that doesn't even include dividends received. So if you have a long-term horizon, when is it a bad time to buy stocks?
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com