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I was ticked off by that, because I would have made much bigger gains had stocks been allowed to fall to their true bottoms. Instead I was forced to buy in (wit
by maxharris 7y ago
I was ticked off by that, because I would have made much bigger gains had stocks been allowed to fall to their true bottoms. Instead I was forced to buy in (with my entire life savings) or risk losing out.
And yeah, I could have put less in, but I've been sitting on the sidelines, waiting for a crash for years!
- mikestew 7y agoInstead I was forced to buy in (with my entire life savings) or risk losing out. Can you describe the person holding the gun to your head? I suspect there's a misalignment of perspective, exaggeration, or perhaps some missing knowledge of investment, or details are left out. But no one was forcing those with large wads of cash to go buy VOO. ...but I've been sitting on the sidelines, waiting for a crash for years! Timing the market, the classic n00b mistake. It worked out for you...this time.
- breitling 7y agoThis being an election year likely had something to do with that decision
- deleted 7y ago[deleted]
- OGWhales 7y agoYou didn’t know it was rigged?
- ramblerman 7y agoYour strategy has a few pretty big assumptions: a) You can time the market, and specifically when it's at the bottom. b) Corona virus is now properly calculated into the market, and it's happy days from here