4 ms·
Good move, Dec I moved 33% to Bond, 2 weeks ago I moved another 33% to Bond. I'm kicking myself for not moving the rest, but I can stand to be in the market fo
by segmondy 7y ago
Good move, Dec I moved 33% to Bond, 2 weeks ago I moved another 33% to Bond. I'm kicking myself for not moving the rest, but I can stand to be in the market for a very long time. Most knowledge that say rid the wave is rubbish. Get out if you know that things will be down so you can live to fight another day. If you have $100 and market goes down 50%, you have to wait for it to come back 100% to break even. Most folks don't understand that movement isn't equal in either direction. Market goes down 10%, comes back up 10% most folks think it has balanced, but it hasn't.
- dbancajas 7y agoaren't you timing the market though? if it's down 10% today, you moved to bonds, then it's up 20% due to recovery and you missed the upswing, then you are in a worse spot compared to if you haven't done anything? "but I can stand to be in the market for a very long time" -> isn't this the reason to not do anything? So you can recover and buy more while everything is on discount?