So... Um... This year kind of sucks.
I've been waiting for a selloff forever so I'm kinda happy. Of course I ended up putting some back in before this but it was never going to go down if I at least didn't dip a toe in the water.
So... Um... This year kind of sucks.
Trump bump doe
Or the Democrats take the House bump. Lol Because look at the dates when the selloff started. Certainly not the only reason but it is a part.
I don't understand people who say they are going to invest more when it pulls back? were they just sitting on cash for years?
i invest in my 401k every two weeks automatically and my roth ira every week automatically. i don't keep cash around. perhaps i should?
Since you're a man of reason and fact, we'll assume you know markets fair better under democratic administrations. However, you also are aware over 50% of the SP500 is foreign funds, reasons for market turmoil are complex, and changing political policy has little to do with gain/loss.
So, while we can blame or give credit to partisan politics, the real answer is it simply doesn't matter.
Just building up dividend stocks right now. At worst I'll have a bunch of shares. Just as long as they don't become worthless!
I don't understand people who say they are going to invest more when it pulls back? were they just sitting on cash for years?
i invest in my 401k every two weeks automatically and my roth ira every week automatically. i don't keep cash around. perhaps i should?
You can move the money around in your k plan Roth’s you know? I sold stuff all the way to the top and parked it in a nice safe interest bearing account. I’ve got a bunch of dry powder in my retirement plans I’m waiting to dump back in when the time comes.
Awesome, can you let me know how you picked the top? Also, can you let me know when we hit the bottom?
It's not about picking the exact top or bottom. It's more about money management. When you start feeling good, like too good, take some off the table. Never hurts to take profits. The buy and hold forever is just bunk.
Awesome, can you let me know how you picked the top? Also, can you let me know when we hit the bottom?
Easier said than done. I felt pretty good after 25% returns in 2009, 15% in 2010, 16% in 2012, 32% in 2013, 14% in 2014, and 12% in 2016. Having a hard time deciding when I felt "too good". I've left probably 25% of my 401k in stuff that earns 1% for the last 4 years thinking that "It's too good to be true". Now I have to decide when to get back in. Maybe 25% of that 20% every 1,000 point drop? Looking back, I would have been better off just leaving it alone.
It's not about picking the exact top or bottom. It's more about money management. When you start feeling good, like too good, take some off the table. Never hurts to take profits. The buy and hold forever is just bunk.