Are we recovered yet? I manage three accounts and two of them are about 0.3 percent off their 2018 peak, but the third took a real beating and is still down about 4 percent. [Reply]
Originally Posted by displacedinMN:
Everyone's did. My investment account was so bad my guy called and asked to move things around to show a loss. Of course I said yes. Now all better.
Feel like I need to keep a list of well run companies with good history and buy in when they dip and start to come back up. [Reply]
Originally Posted by MahiMike:
I'm feeling a crash coming. I cashed out about 35% of my portfolio to cash-like vehicles; CDs, stable-value funds, etc.
Seriously considering buying some Gold and Silver...
I知 not educated enough to comment on a crash but I am certain that buying metals is a horrible idea. Virtually nobody made any money that tried it.
I talked to a guy that sold his 2 combines and bought silver on this fucks advice. He didn稚 get in at the top but got goddamned close.
Anybody that did get the run up almost certainly kept it too long.
I知 sure someone made money but the Poeple that bought it bought it because the economy was going to crash and it never did. And most took a bath.
Cash is good enough.
The thing no one selling the shit ever tells you is that gold is a commodity market not an economic indicator. Look at any commodity chart. There is never sustained growth. Just swings.
Originally Posted by RunKC:
Feel like I need to keep a list of well run companies with good history and buy in when they dip and start to come back up.
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful. [Reply]
Originally Posted by lewdog:
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful.
Originally Posted by lewdog:
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful.
That’s true. I’m very picky about which one to purchase though. I mean c’mon. There was a great bull market in December.
Amazon was down 3k and they are ****ing Amazon. They rule the world. Easy to see they would go back up.
And they are up roughly 32% since that dip. Sheesh [Reply]
