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re: Is the correction coming?

Posted on 2/12/21 at 3:38 am to
Posted by wizard1183
Lafayette
Member since Jan 2021
348 posts
Posted on 2/12/21 at 3:38 am to
First you need to define correction. A correction is simply a pullback. A crash is a huge drop in the market.
We had a crash.....Feb/March 2020. Look for 10-20 yrs before another one hits.

Meanwhile stfu and invest. If your investments are solid? A crash doesnt stop you from making money. And every crash is not sudden. You have PLENTY of time to get out the market. Thing is if you dont know? You wont know?

Now if youre on the verge of retirement? Pullout like youre having an affair with Fat Nasty and invest in something less volatile.
Posted by cgrand
HAMMOND
Member since Oct 2009
38907 posts
Posted on 2/12/21 at 7:39 am to
quote:

wizard1183

the best advice in this thread immediately downvoted
LOL
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 2/13/21 at 12:50 am to
quote:

Now if youre on the verge of retirement? Pullout like youre having an affair with Fat Nasty and invest in something less volatile.


I’ve been retired a decade, still 100% in equities, would have hated to have missed out on all the money I made over the last 10 years. Started investing in1980, held through all the crashes, just opportunities to buy at a discount, would feel the same way tomorrow.
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