Talk of The Villages Florida - View Single Post - Is the market going to crash?
View Single Post
 
Old 06-11-2021, 05:35 AM
irishwonone irishwonone is offline
Senior Member
Join Date: Jul 2019
Posts: 129
Thanks: 155
Thanked 64 Times in 35 Posts
Default

Quote:
Originally Posted by GrumpyOldMan View Post
You are trying to do what is called Time the Market. Don't do that. It doesn't work out well for 99.99% of investors that try to do it (just made up percentage, but it is bay far most).

You need to find a person with experience to giver you advice on conservative investment strategies - if you are concerned about losing what you have invested. And then follow that advice and leave it alone.

The market WILL crash eventually. Next week, next year, or next decade - no one can predict, but a lot of people will gladly take your money and promise they can predict it and will protect your investment, do not believe anyone that says they can promise anything.
Yes eventually the market will reset and prices will go down. Whatever goes up eventually goes down. We’re at all time highs so you should anticipate change.