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People seem to obsess over are we in a bubble but, if you do something like panic selling or something about it you are probably going to lose. The old adage to
by zitterbewegung 5y ago
People seem to obsess over are we in a bubble but, if you do something like panic selling or something about it you are probably going to lose. The old adage to invest in index funds using your 401k before and after the bubble occurs means that you can take advantage of the fact that during the bubble you are getting the indices at a discount.
In 2020 I bought some tech and it went up pretty high but then 2021 I missed out on some of my hand picked investments but still had my 401k buying index funds.
No one can claim to predict a bubble because there are so many forces in play to predict it and people that can claim it you really shouldn't listen to.
- deleted 5y ago[deleted]
- sircastor 5y ago> People seem to obsess over are we in a bubble I think this is going to be common for a generation or so. The 2008 crash was penalty the first total crash of the internet age. The previous big crash, the dot-com bubble, was big news, but not tied to everything yet. It took out a lot of tech-sector stuff while main-street people said “told you so…” 2008 was a crash where no one was safe. Everyone said housing was a bubble that couldn’t pop - home prices don’t drop. It’s a generational event that left people (economically) traumatized.