- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: So tell me why I shouldn't sell out and move everything if the market evens out
Posted on 8/24/15 at 3:47 pm to Big Scrub TX
Posted on 8/24/15 at 3:47 pm to Big Scrub TX
I was speaking from the impression that I was being "called out" so was covering all the bases.
While I'm sure you will almost always get countermanding data if you look at every thing, I only attempt to make general statements of the present situation.
So I don't use everything, and then I put certain weight on certain things
Someone else may have their own approach, and there no real "right" way.
While I'm sure you will almost always get countermanding data if you look at every thing, I only attempt to make general statements of the present situation.
So I don't use everything, and then I put certain weight on certain things
Someone else may have their own approach, and there no real "right" way.
0
Posted on 8/24/15 at 4:43 pm to Big Scrub TX
I'm actually inclined to agree with you. I'm not really worried about the short to medium term, but I am very, very concerned about the middle class over the length of my career (in my early 20s so just getting started).
And I'm by no means a bitcoin dork, zero hedge reader, precious metals guy, prepper, etc.
Eta: btw, GDP growth is more like 2.1% historically if memory serves me correctly
And I'm by no means a bitcoin dork, zero hedge reader, precious metals guy, prepper, etc.
Eta: btw, GDP growth is more like 2.1% historically if memory serves me correctly
This post was edited on 8/24/15 at 4:47 pm
Posted on 8/24/15 at 6:26 pm to 13SaintTiger
You don't get out because it will cost you money. Over 20 years the profit is big. We've only been in this bull market since 2009. It has plenty of legs left. We are in the middle innings. In bull markets, corrections are times to put more money to work if you have it on the side line.
Posted on 8/25/15 at 12:15 am to CajunTiger92
My favorite example for novices who are fearful and pull all their money on a loss is this. Your house is an asset. Let's even assume free and clear.
If your home value dropped 50% because an appraiser said so, would you sell right away before it went lower? No chance.
Same with markets. Why sell because it drops? Buy more if you can as it will return..at some point. If you have a long time frame.
If your home value dropped 50% because an appraiser said so, would you sell right away before it went lower? No chance.
Same with markets. Why sell because it drops? Buy more if you can as it will return..at some point. If you have a long time frame.
Posted on 8/25/15 at 5:46 pm to Old Sarge
Don't play the market short term. You will lose. If you play the long game, you will be fine.
Posted on 8/27/15 at 9:52 pm to Old Sarge
Only down 4k now, fighting the urge to move to more conservative funds.
If I would have moved money on Tuesday I would have left with around a 12k loss, glad I didn't pull out
If I would have moved money on Tuesday I would have left with around a 12k loss, glad I didn't pull out
Posted on 8/27/15 at 9:55 pm to Old Sarge
Just think if you would have dollar cost averaged, you would at least be even.
Posted on 8/27/15 at 10:34 pm to LSU1018
I'm new to this, what does that mean?
Posted on 8/27/15 at 11:06 pm to Old Sarge
It means to not make purchases in large lump sums.
For instance, instead of putting a grand down, put in 250 dollars a week for a month.
For instance, instead of putting a grand down, put in 250 dollars a week for a month.
Posted on 8/27/15 at 11:38 pm to Old Sarge
quote:
I'm new to this, what does that mean?
I invest $105 per week, every week, automatically, no exceptions. Rain or shine, sleet or hail. I have several thousand dollars that I could invest immediately. I choose not to, because I'd rather ride the market up and down instead of buying in at one lump sum.
That's dollar cost averaging.
Posted on 8/28/15 at 7:32 am to Joshjrn
So are hoping to hit more low points by buying at multiple times vs saving up and buying in chunks?
Posted on 8/28/15 at 7:52 am to Old Sarge
quote:
So are hoping to hit more low points by buying at multiple times vs saving up and buying in chunks?
It's not really hoping for anything. It's understanding that it's impossible to predict the market, therefore you completely take the guessing out of it and just invest at set intervals.
You may buy when it's up, you may buy when it's down, but you don't stress yourself out trying to predict the unpredictable.
Posted on 8/28/15 at 8:22 am to rintintin
You have an average cost in, and hope to get in return average long term growth (historically).
Posted on 8/28/15 at 8:48 am to Iowa Golfer
That makes sense, you have an average cost in vs the bad luck chance that you put all your marbles in at an anomaly of a high point.
I've been sitting on another large sum waiting to see if the market really dives down, so maybe I should start putting it in regularly in portions in case the market never dives and only keeps slowly climbing
I've been sitting on another large sum waiting to see if the market really dives down, so maybe I should start putting it in regularly in portions in case the market never dives and only keeps slowly climbing
Posted on 8/28/15 at 9:10 am to Old Sarge
DCA is best for most people. What they miss in my opinion, is taking some gains when they're sufficiently up, and moving these gains to someplace else in order to better diversify, and limiting losses.
You can both DCA and risk manage. It's not that hard, although others argue an element of timing, which I guess is evil.
You can both DCA and risk manage. It's not that hard, although others argue an element of timing, which I guess is evil.
Posted on 8/28/15 at 9:18 am to Lou Pai
Damnit I thought we had the real stripper-marrying-shite-gas selling Lou Pai on here.
Posted on 8/28/15 at 9:54 am to Iowa Golfer
Now that requires discipline and the average investor lets their emotions take over their discipline when things get rough and even when they are good. However, I agree with you. Rebalancing is important.
Posted on 8/28/15 at 10:11 am to Iowa Golfer
I'll become more conservative as I approach retirement, but my exposure is so broad that "rebalancing" would be nothing but guesswork for me.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News