4 ms·
> Even people who correctly identify market bubbles and have good timing can lose in the long run because the gains during the run up of the market compound so
by SevenSigs 5y ago
> Even people who correctly identify market bubbles and have good timing can lose in the long run because the gains during the run up of the market compound so much it ends up being smarter to ride out the dips.
I tripled my investment when I sold last year, but I would probably have done 3.5x now... lets see what happens next year. The wood prices went back down a lot, at least: https://ns.reddit.com/r/HomeImprovement/comments/p7rfsq/every_time_i_hit_the_big_box_store_i_always_check/ https://ns.reddit.com/r/HomeImprovement/comments/p7rfsq/ever....