Quote:
Originally Posted by biker1
The stock market reflects what people think will happen in the future. It pretty much has always worked that way. Also, with interest rates at essentially zero, the Fed has made the stock market the place to go, although the broader bond market is up almost 8% YTD. I would avoid using words like "everyone", "absolutely no sense", and "most of those" since you don't know what "everyone" is thinking. So, tell us how you have shorted the market in anticipation of the big correction. Yes, there will be a correction and "everyone" knows that because the market is cyclical.
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Anyone who says they can time the market is talking nonsense.
Best thing to do is dollar cost average or as close to that as you can come.
I do believe in the long term future of America and as long as you are ok riding out the bumps and bruises will do well in the long term.