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I'm a passive investor, I don't try to make money by playing the market. But yes, in mid-Feb I moved all my investments from growth funds into conservative ones
by lemming 7y ago
I'm a passive investor, I don't try to make money by playing the market. But yes, in mid-Feb I moved all my investments from growth funds into conservative ones, and avoided a major haircut.
- WalterBright 7y agoCongratulations, you are smarter than I am and smarter than Wall Street. But my point still stands - if it was obvious to people, the market would have dumped earlier than mid-Feb.
- lemming 7y agoI don't claim to be smarter than anyone, I'm just some guy. I just think the "no-one could have seen this coming" is obviously bogus when it was literally occurring at the time, just in different regions.