4 ms·

I just feel like I'm playing a game of chicken with a 10 year bull market. I usually leave it alone but I'm not going to wait around if the next recession turns

• bluGill 7y ago
  I plan to wait out the next recession - history shows most people lose more trying to avoid recessions than if they wait them out. Of course if I was closer to retirement that wouldn't work out. However that is why financial managers suggest a regular plan of diversifying into less risky (but lower return) investments as you get older. Target date retirement plans do that for you.
  • danaur 7y ago
    Could you link sources on this? Want to share with a friend
    • itake 7y ago
      I think this concept is pretty cool https://www.personalfinanceclub.com/time-the-market-game/ https://www.personalfinanceclub.com/time-the-market-game/
    • bluGill 7y ago
      https://www.bogleheads.org https://www.bogleheads.org is one I like.