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Aha, do you, the author or Heart84 have some sort of crystal ball that we don't know about? While I perfectly understand human beings desire to shun the uncertainty to the fullest, in markets like this adjusting your portfolio to benefit from uncertainty might be the best course of action. Rather than trying to "predict" unpredictable.
In other words, make your portfolio: heads you win, tails you win.
Aha, do you, the author or Heart84 have some sort of crystal ball that we don't know about? While I perfectly understand human beings desire to shun the uncertainty to the fullest, in markets like this adjusting your portfolio to benefit from uncertainty might be the best course of action. Rather than trying to "predict" unpredictable.
In other words, make your portfolio: heads you win, tails you win.
Yea, no crystall ball here!
Probably best to continue to dollar-cost average monthly if you already do that.
Or hold, as per your withdrawal plan if you are retired.
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,909 posts, read 2,084,877 times
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Quote:
Originally Posted by sparkypeanut
Yea, no crystall ball here!
Probably best to continue to dollar-cost average monthly if you already do that.
Or hold, as per your withdrawal plan if you are retired.
I think the best thing is to have a long-term plan based on your individual needs and stick to it. I read somewhere that in any given year only 5% of professional managers beat the market. Five. I posit the big reason is because they try to beat it. Ironic, isn't it?
There will be lots of uber bulls before the bust for sure. Wonder what this person in the article was saying at the end of 2019 and then in March 2020. Would be interesting.......
There will be lots of uber bulls before the bust for sure. Wonder what this person in the article was saying at the end of 2019 and then in March 2020. Would be interesting.......
He's always vague - but always says he was right. It's hard to prove him wrong because he has SO many 'if this/then that" statements. Or he'll say you interpreted it wrong because you don't understand the wave method. Quite a talent actually.
p.s. this is the first time I've seen him give an actual percentage tho.
Aha, do you, the author or Heart84 have some sort of crystal ball that we don't know about? While I perfectly understand human beings desire to shun the uncertainty to the fullest, in markets like this adjusting your portfolio to benefit from uncertainty might be the best course of action. Rather than trying to "predict" unpredictable.
In other words, make your portfolio: heads you win, tails you win.
Aha, do you, the author or Heart84 have some sort of crystal ball that we don't know about? While I perfectly understand human beings desire to shun the uncertainty to the fullest, in markets like this adjusting your portfolio to benefit from uncertainty might be the best course of action. Rather than trying to "predict" unpredictable.
In other words, make your portfolio: heads you win, tails you win.
Half of a portfolio that goes UP in a bad market and half a portfolio that goes DOWN in a bad market.
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,909 posts, read 2,084,877 times
Reputation: 4478
Quote:
Originally Posted by ChessieMom
Half of a portfolio that goes UP in a bad market and half a portfolio that goes DOWN in a bad market.
Is that not the same as cash?
No, that's not what that means. It means a portfolio that will result in a positive gain, or at the very least, help limit your losses in any market. Especially during turbulent times.
Although, cash can certainly provide a return....in a deflationary environment.
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