[rsmurano]

The huge difference between the crashes of black Monday, the tech bubble, and the financial crash 17 years ago to me was this: I was still working, didn’t need any money anytime soon, and the biggest thing, I was dollar cost averaging, so sure it was nice seeing my portfolio at its best but I wanted it to go down so I can buy more shares while its down and then when I need it, I hope it would be at its highest.
Now, I don’t need the money so when I invest I’m in it for a month, 6 months, or until I see issues coming up and then I’m out.
I timed getting out at the peak at the end of 2021, stayed out until I started to get back in in 2023 and got back out 5 months ago.
No broker could have done better, except for maybe a hedge fund mgr but then the fees are huge. Nobody can time the market, but I’m not timing the market either. I got out of some of the stocks that went up over 100%, but some of them kept going up. So I missed out, so what, I made a small fortune during those 6-9 month months.
I have learned, pigs get slaughtered. It’s better to get out if I think the future looks bad and keep my wins, than stay in the market and watch my earnings tank when I knew the future looked bad