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The way asset prices work, expectations of future growth are already priced in. So you are effectively talking about timing the market.
by john_moscow 5y ago
The way asset prices work, expectations of future growth are already priced in. So you are effectively talking about timing the market.
- jeffreyrogers 5y agoYes, but people were saying this several years ago too. The truth is no one knows what is happening. We're in a new market regime that has not been explored before. Everyone is just guessing what's going to happen. Some of them are going to be right and do very well. Some of them are going to be wrong. People will say the ones who were right were smart and the ones who were wrong were dumb.
- ubercow13 5y agoSo, never invest in anything?
- imtringued 5y agoIn theory you're supposed to invest according to your risk tolerance and yield expectations.