Ask SmartMoney

In SmartMoney, November 2007, Benjamin Tobias was quoted in the Ask SmartMoney section of the magazine written by Stephanie AuWerter.  A reader asks if one should invest a lump-sum amount on a day when the market drops considerably.  The answer is yes but Ben cautioned long-term investors not to wait for the perfect moment as many average moments pass by.  “If you’re a betting person, the sooner you put it in, the better it will be,” since the markets generally trend upward.