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Immediately. I'd probably start pulling back about 10 years after 2008. Basically, when times are too good, that is when to sell. Although, selling means you

Immediately. I'd probably start pulling back about 10 years after 2008. Basically, when times are too good, that is when to sell. Although, selling means you have to pay tax, so I'd probably just horde cash more than selling. I've only played the market on a few different 'news' things that I'm an expert in, put like 2k in, stock price goes up 10%, make $200... Too high risk for $200. Right now I'm dumping everything I have into stocks and resource based trusts. (and as mentioned, looking for more real estate)

lotsofpulp 3y ago
> Basically, when times are too good, that is when to sell. And your metric for this is what? An even sounding number in base 10 after an arbitrarily chosen dip? > Although, selling means you have to pay tax, so I'd probably just horde cash more than selling. So you would bet the drop in prices will be less than the 20% tax on the capital gains just before the drop in prices? > I've only played the market on a few different 'news' things that I'm an expert in, put like 2k in, stock price goes up 10%, make $200... Too high risk for $200. I do not understand. If it was too high risk, why did you do it?
- hospitalJail 3y ago
  >And your metric for this is what? An even sounding number in base 10 after an arbitrarily chosen dip? Read Tao Te Ching(I liked Stephen Mitchel Translation, its only 80 pages, its the first book of Taoism, 2nd favorite book of all time). I'm a numbers guy, but I can't deny that you can 'feel'/'see' the Tao. When your redneck neighbor buys a gigantic boat and has a 7 year car loan, its something you notice. >So you would bet the drop in prices will be less than the 20% tax on the capital gains just before the drop in prices? This ignores risk too. >I do not understand. If it was too high risk, why did you do it? It was a good stock in general, I was 100% certain the market made a mistake on the news, $2000 dollars is nothing, if I lost it, my life wouldn't have changed at all.

lotsofpulp 3y ago

> Basically, when times are too good, that is when to sell. And your metric for this is what? An even sounding number in base 10 after an arbitrarily chosen dip? > Although, selling means you have to pay tax, so I'd probably just horde cash more than selling. So you would bet the drop in prices will be less than the 20% tax on the capital gains just before the drop in prices? > I've only played the market on a few different 'news' things that I'm an expert in, put like 2k in, stock price goes up 10%, make $200... Too high risk for $200. I do not understand. If it was too high risk, why did you do it?

hospitalJail 3y ago
>And your metric for this is what? An even sounding number in base 10 after an arbitrarily chosen dip? Read Tao Te Ching(I liked Stephen Mitchel Translation, its only 80 pages, its the first book of Taoism, 2nd favorite book of all time). I'm a numbers guy, but I can't deny that you can 'feel'/'see' the Tao. When your redneck neighbor buys a gigantic boat and has a 7 year car loan, its something you notice. >So you would bet the drop in prices will be less than the 20% tax on the capital gains just before the drop in prices? This ignores risk too. >I do not understand. If it was too high risk, why did you do it? It was a good stock in general, I was 100% certain the market made a mistake on the news, $2000 dollars is nothing, if I lost it, my life wouldn't have changed at all.