Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Ahh the old switcheroo. Are you thinking this somehow means those two predictions you made were correct? Of course not.
To what end? We're living comfortably on less than 2% SWR, I just don't see the point of yanking all our money in and out of the stock market.
There is no switching lol. In the mid-March lows I said we would see a "moonshot" higher. And we have seen the biggest bull run in the history of the stock market and will continue to see it furthered this summer. The only thing that changed a few weeks later was the apex point of the moonshot call.
And if you don't see the advantage of being 100% cash going into those mid-March lows and seeing a record historical run in the markets you really are trolling. SWR has absolutely nothing to do with it. In fact, I bet you don't even manage your own finances based on your posts lol.
1. Stock market record by mid-May (nope)
2. S&P500 at 3,500 by mid-June (nope)
3. See didn't I call a moon shot and there was a great bull market?
1,2 are not the same as 3.
Quote:
Originally Posted by heart84
And if you don't see the advantage of being 100% cash going into those mid-March lows and seeing a record historical run in the markets you really are trolling. SWR has absolutely nothing to do with it. In fact, I bet you don't even manage your own finances based on your posts lol.
I can see the advantages of having put all my money in bitcoin in 2015 then yanked it out a couple years later, that doesn't mean it's something I would do.
SWR has everything to do with how much risk one needs to take.
You're be wrong on that bet (just like with new highs in mid-May and mid-June), as I manage my own finances.
Not quite. The biggest bull run in the history of the stock market was in the 1990s and it returned 417%.
Quickest/sharpest/biggest bull run in history since mid-March lows. We see these types of moves at the end of longer-term secular trends. Find one period of time where we saw a sharper run higher within this time frame. If anyone thinks this is a long-term bull starting now see how it turns out for you by this time next year.
Long term mutual and index fund investors don't need to make big whipsaw moves.
Agreed. There are different investing philosophies so new real "correct" way, but if one is in a position where they can safely generate an income that provides for a comfortable life I can't imagine deciding to yank it all in and out of the market based on whatever notions of what's going to happen next. You've already won.
There isn't much upside, but a lot of potential downside.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
