Any thoughts on some talk on impending crash?

[animal-inside]

Lots of talk on impending crash... Market correction... Lots I'm reading say something similar to the april slump.. some say a bit worse

Thoughts?


I'm not an expert, but it seems some stuff is over valuated...

I'm thinking of dumping my google and possibly celestica..

 

[Cumminstech2]

Lots of talk on impending crash... Market correction... Lots I'm reading say something similar to the april slump.. some say a bit worse

Thoughts?


I'm not an expert, but it seems some stuff is over valuated...

I'm thinking of dumping my google and possibly celestica..

If it keeps going strong, then my positions will continue to grow.

If it corrects or drops, then everything is on sale and we can all buy more at discounted prices.

You only lose money if you sell. A market correction is absolutely going to happen, but nobody can really say when for sure, only speculate. Trying to time markets isn't something I'd generally recommend, instead react with precision and confidence to market actions.

 

[animal-inside]

If it keeps going strong, then my positions will continue to grow.

If it corrects or drops, then everything is on sale and we can all buy more at discounted prices.

You only lose money if you sell. A market correction is absolutely going to happen, but nobody can really say when for sure, only speculate. Trying to time markets isn't something I'd generally recommend, instead react with precision and confidence to market actions.

Not nessicarily... Can't predict it, but if you think its coming and ask yourself "when it crashes, will it go lower than what it is right now?".. Than you can pull out and wait for the crssh... you loose all gains that might happen before the crash, but at least you get out before it crashes for more than you have in right now..

I know long term just leave it in, wait for crash and buy more.. But it just seems like its going to crash real hard.. so one can't help look at options.

 

[Sorbate]

It will go down like it does every year next month sometime, then I will buy more. Then Christmas it will go up, then back down after Christ mas then back up, then down, then back up, lol.

I don't worry about selling but like to try and buy in while its down.

My dad has been on the stock market for like 30+ years. He says it always goes back up and to not worry, unless you are buying large in individual stocks.

I bet most of us will never do better than an EFT.

 

[Cumminstech2]

Not nessicarily... Can't predict it, but if you think its coming and ask yourself "when it crashes, will it go lower than what it is right now?".. Than you can pull out and wait for the crssh... you loose all gains that might happen before the crash, but at least you get out before it crashes for more than you have in right now..

I know long term just leave it in, wait for crash and buy more.. But it just seems like its going to crash real hard.. so one can't help look at options.

Yeah that's called timing the market

You might get away with it a few times here and there, but pretty much nobody is able to reliably time the market consistent enough that they'd do better than not doing it at all.

The best way to benefit from long-term market growth is to remain consistently invested, rather than trying to jump in and out of positions based on market forecasts. Most would recommend not trying to time the market, staying in your positions, and just buying more when it goes on sale. Reaction > anticipation.

 

[3ml]

Yeah that's called timing the market

You might get away with it a few times here and there, but pretty much nobody is able to reliably time the market consistent enough that they'd do better than not doing it at all.

The best way to benefit from long-term market growth is to remain consistently invested, rather than trying to jump in and out of positions based on market forecasts. Most would recommend not trying to time the market, staying in your positions, and just buying more when it goes on sale. Reaction > anticipation.

Most can't, but some blow away any hedge manager or ETF.

For less skilled though, yes consistently invest. To boost returns invest harder when the market is in the red. It never feels good buying when you should be buying.

 

[Cumminstech2]

Most can't, but some blow away any hedge manager or ETF.

For less skilled though, yes consistently invest. To boost returns invest harder when the market is in the red. It never feels good buying when you should be buying.

If you have lots of experience and you've been consistently timing the market successfully and you are confident in your ability, then who am I or anyone to tell you not to do that

I'm just saying I don't do it and I wouldn't recommend it to somebody else. I'm definitely beating any ETF or mutual fund by a long shot and I for the most part stay in my positions and buy more when they come on sale.

 

[3ml]

If you have lots of experience and you've been consistently timing the market successfully and you are confident in your ability, then who am I or anyone to tell you not to do that

I'm just saying I don't do it and I wouldn't recommend it to somebody else. I'm definitely beating any ETF or mutual fund by a long shot and I for the most part stay in my positions and buy more when they come on sale.

Oh ya mutual funds are trash, big fucking scams.

 

[animal-inside]

I've come out on top for the last 3 times I predicted a drop... Up until the last 2 years I failed at trying to sell in prediction of a drop and buy back in... I'm not sure if I'm going to try to sell again and rebuy once the drop happens..


I appriciate the feed back though... Might listen this time lol...


What's shit for me is that I don't have any free money to invest anymore.. What's in investments is what's in there for me.. Me and the wife do have money we put into a high interest savings account for our next house, but I would rather do something different with it.. Hind sight is 20/20, but if I could have yanked that money out of that account and put it into investments the last time it dropped we'd be much better off.

 

[Sorbate]

Most can't, but some blow away any hedge manager or ETF.

For less skilled though, yes consistently invest. To boost returns invest harder when the market is in the red. It never feels good buying when you should be buying.

I like buying when the market is down. I really hate when I buy and it drops.

 

[simonw]

A friend is very savvy when it comes to investing he recently sold a bit of his index fund as it has been sky high and he plans on doing a little shopping when they go on sale which he thinks is coming real soon. I personally prefer to just hang tight for the long term and I do have try to have a little cash to go shopping when things go on sale.