Quote:
Originally Posted by skarra
You mention how you cannot time the market, and then talk about your gains when you time it just right. That’s BS.
Stick with stocks for the long term (preferably in index funds), and keep cash for short term bumps like this. Then gradually sell stocks at other times to maintain your life style.
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"You mention how you cannot time the market, and then talk about your gains when you time it just right. That’s BS."
I am no longer amazed at the number of people who claim to have perfectly timed the markets, when a downturn or upturn occurs.
I'm sure that posting anonymously on boards, without needing to show/prove these perfect moves and amazing gains...is simply a pure coincidence. lol
Although he is hated by many, I'll just stick with that guy in Omaha's advice and primarily buy/hold - as it has served me very well in the last 40 years.