4 ms·
Folks smarter than me: is it prudent to move my assets into cash for a couple of months? Is there really anything to this?
by redblacktree 13y ago
Folks smarter than me: is it prudent to move my assets into cash for a couple of months? Is there really anything to this?
- davidw 13y agoThe basic strategy that I've always seen outlined: put a bit each month into an index fund. If the market tanks, that means you are buying low!
- sukaka 13y agoit's even simpler and effective to be buying only at ema crossovers!
- themoonbus 13y agoThis is exactly the correct strategy.
- jamesaguilar 13y agoFor all times t, there is a chart that makes it look like the market will tank at t+1.
- justanother 13y agoI've been a doomsayer ever since the 2008 crisis (crises) exposed certain systemic flaws in finance and investing, and I've also been wrong while everyone else fed at the QE trough and did just fine. While I don't believe that QE regimes and cooked statistics will necessarily end well, I also don't believe this chart proves anything. If you do, however, look into ultra-shorts like SDS and DXD, and if you happen to be correct, you can profit handsomely from such an elevator-shaft drop.
- lutusp 13y ago> Folks smarter than me: is it prudent to move my assets into cash for a couple of months? No, bad idea. Don't make moves based on press articles like this -- they're either created by people who want to exploit your reaction, or they're followed by contrarians with no connection to the article, who do the opposite of what the article suggests, and thereby also exploit your reaction. http://en.wikipedia.org/wiki/Contrarian_investing http://en.wikipedia.org/wiki/Contrarian_investing My advice -- invest long-term in market index funds, and pay no attention to market advice. More here: http://arachnoid.com/equities_myths http://arachnoid.com/equities_myths