I'm no expert and I don't think anyone here is holding themselves out as one. From what I've heard for retail investors saving for retirement, you shouldn't try to time the market, you should just keep putting money in. Obliviously if something like 2008 happens, you could lose out. But that doesn't happen very often. Jim Cramer said in his entire career, 2008 was the only time he told people to abandon the market. And by that time the market had already sunk, but hadn't hit bottom yet so his advice still saved people some money.
Do you own stocks or mutual funds in some way?
- Thread starter UCFKnight85
- Start date
11and1 I wouldn't try to broadbrush market time much. What I do is if I have something in something that is more speculative in nature vs something that laughs at volatility (strong as **** div yield blue chips) I'll throw some stops in & GTFO.
Index funds (
Index funds (
You could have made a killing by doing nothing other than buying timed increments of Apple stock. They're the biggest valued company in the world, now pay a dividend, and until it's proven that people no longer want to buy their products, their stock will continue to perform really well.
They've got a massive mountain of cash; they could drive the price higher purely from buy backs.
They've got a massive mountain of cash; they could drive the price higher purely from buy backs.
Most Americans would be better paying off debt than investing in stocks over the long term. Most people have no idea how to read a company's financial statements, much less analyze them to make an informed decision on the risk of an anticipated returns on an investment... and since the idea of a fiduciary in the financial world seems to be dead, there isn't much good a ldvice available to people that don't have a clue.
People would be better off not incurring huge amounts of debt , to have cash to invest.
And there is no need to spend gobs of time getting into financial statements to make money in the market. You could do something as basic and mindless as buying the SPX and owning the SP500. If you did, you'd be up 1000 basis points from 3 years ago.
Agree with your first point, but fact is that most of the people who do not own stocks are likely the same people that contribute to the very large personal debt numbers.
Just because the stock market has been on a tear for 3 years doesn't mean that the same returns can be expected in the future. People with limited resources shouldn't be doing anything "mindlessly" with their money (That should go for anyone actually)
Just because the stock market has been on a tear for 3 years doesn't mean that the same returns can be expected in the future. People with limited resources shouldn't be doing anything "mindlessly" with their money (That should go for anyone actually)
Just look at the graph below of the SP500. The overwhelming trend line over the course of that history is upwards, and even in the big downturns (dot com bubble, 2008 recession), it regained all of the lost value within 2 years.
If you were dollar cost averaging and buying during those downturns, you would have made a pretty good killing and averaged out the losses incurred from higher positions.
If you were dollar cost averaging and buying during those downturns, you would have made a pretty good killing and averaged out the losses incurred from higher positions.
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
A $1,000 emergency fund would have me shitting bricks. Step 1 should be 3-6 months of expenses in savings. Hell, I don't like the state of my "emergency fund" since it has dropped 50% (from 6 months to 3 months of expenses) over the last couple years while I throw gobs of money at student loans.
That's what I mean, 2008 I definitely salvaged some of my losses - but I saw that shipwreck coming far away. I actually relocated before it Melbourne, FL to Miami, FL - literally saw on a microeconomic scale the bubble pop in Melbourne just to see the Miami bubble still growing...
It was striking how bad that one was. Signs where everywhere.
85 - from a strict economic principles of cycles, we're due for a turn - the fed increase (the slowing of cash flow) will almost certainly cause a shift - I just don't think it will be dramatic. The issue I have today is fundamentally the numbers don't make sense, because purchasing power hasn't really increased and productivity has only increased due to a strict squeezing of the work force - this growth over the past few years has largely just been trumped up with government/FED spending.
It could hurt when it switches.
Sure, we could see a 5-10% correction before the upward trend continues. That would be a great time to buy more.
anon_x731qvsnsyb8i
Diamond Knight
Yes. I do invest. I do not want to work anymore.
No, there is no way in hell I'm telling anyone where or how much.
No, there is no way in hell I'm telling anyone where or how much.
Classic error in logic. Markets shouldn't reward people financially that don't contribute some kind of valuable input work that is socially beneficial. So if you want to be someone that controls capital allocations (ie professional investor) then you better be ready to work your ass off to allocate that capital correctly.
When people are rewarded financially without socially beneficial work, then there's been a market failure that requires some kind of intervention to correct.
These aren't hard and fast, but meant to be helpful for the avg. American according to Dave Ramsey. According to him you wouldn't start investing outside of your retirement accounts, until your home is paid off. I don't follow that.
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