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I started investing my retirement money recently. Thats about a good of a signal as any that its going to plummet.
by maerF0x0 11y ago
I started investing my retirement money recently. Thats about a good of a signal as any that its going to plummet.
- chrisgd 11y agoAh yes, the old maerF0x0 indicator. Beloved in some technical analysis circles
- stock_toaster 11y agoI've heard it many times in the back-rooms: "Wherever maerF0x0 goes, don't."
- wbillingsley 11y agoI hear the name even comes from the sound you make when you've just taken a mouthful of your breakfast toast, open the newspaper to the financial pages, and see what's happened to the value of your investments.
- dataisfun 11y agoWhat a lovely mini thread! Thanks for the quick laugh :)
- imtringued 11y agoIf you're investing for retirement into an index fond then where is the problem? Just wait until the recession is over (and perhaps buy more cheap stock). If you want to retire during a rececssion don't liquidate all your assets. Only as much as you actually need. If you believe that the market is never going to recover why invest in the first place?
- maerF0x0 11y agoit was partially a joke. But yes, dollar cost averaging across a recession will make the total portfolio look ok. I do wonder if we can always continue to make higher and higher "highs" in the market though, meaning any investments I make at the top will make $0 gain. I do agree with you overall about indexing, however "Just wait until the recession is over" is market timing and I dont believe I (or others) can do this dependably well.