Quote:
Originally Posted by DAVES
I think this post and so many others is that WE are all uncomfortable. Imagine 2/2/22
the ten year treasury is paying 1.8% and the CPI consumer price index is 7% the return on S&P 500 was down 7%. What to do? Where to hide? Unlike EXPERTS who must claim to know, I can be HONEST-BEATS ME. My investment expertise comes from a comic inside a nickel roll of Bazooka bubble gum. Yup, even then I realized if you INVESTED in the nickel roll rather than the regular penny portions, you were buying at the volume price and got an extra LUMP at N/C. Like your decoder ring, I kept you waiting too long.
That wisdom was buy low and sell high. The hard part is knowing when is the low and when is the high. There are many books on that. Sometimes they are right and sometimes they are wrong. Only good news is everyone is not right all the time.
To make money you just need to be right more often then you are wrong.
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Good post.
When I figure out how to time the market will attempt to do just that.
In the meantime think the best bet is keep an emergency fund of good size and stay the course with investments. As I have probably said before and who remembers at my age new investments are more conservative funds of Value and Dividend Yield funds with good long term track records.