4 ms·

“I do believe that time in the market beats timing the market” my problem with this: what if stocks will not recover after crash in decades? I am not an expert

• ok_dad 5y ago
  Interestingly, the average Japanese citizen is doing pretty okay for themselves even in a stagnant market. Who cares about the market doing so great in the USA if the average person is doing shitty? I would prefer to be in Japan right now, personally.
• rebuilder 5y ago
  That could happen. A kind of long-term black swan event. It is good practice to go shopping for groceries. But what if tomorrow is the day you get hit by a truck in the shop’s parking lot? Kind of negates the benefit, doesn’t it? Point being, hypotheticals are not predictions. There’s no perfect heuristic here. That’s life.
• walrus01 5y ago
  based on two recent market corrections: in the 2008 financial crisis, unless you were heavily into real estate related funds, if you panic sold a mixed portfolio of blue-chip stocks / mutual funds / varied ETFs at the low point in the market, you would have lost a significant amount of money. People who held their assets saw recovery to initial value and continued climb by 2012/2013 or so in the spring 2020 big market drop at the start of covid19, same thing. I saw a bunch of mutual fund stuff in my 401k drop significantly in value. If I had sold it in a panic at that time, I'd now be screwed, because not only did it all recover to its pre-covid19 levels by late summer of 2020, but has significantly increased since then.