PersonalCapital.com

Closed Thread
Thread Tools
  #16  
Old 05-02-2022, 08:23 AM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
Sage
Join Date: Jun 2019
Posts: 2,608
Thanks: 16
Thanked 2,919 Times in 1,109 Posts
Default

My advice , get vanguard index funds covering the market , have some money taken out every month and forget about everything else
  #17  
Old 05-02-2022, 08:32 AM
Robbb Robbb is offline
Senior Member
Join Date: Dec 2021
Posts: 300
Thanks: 103
Thanked 383 Times in 137 Posts
Default

Quote:
Originally Posted by jimjamuser View Post
Timing stocks........WHEN to buy or sell is probably more important than WHAT stock to buy. Most financial advisors make their money by "CHURN" where they try to get you to buy and sell OFTEN. That is the opposite of one of the best stock strategies, which is buy and HOLD. So, often the advisor and the advised have conflicting strategies. That must be understood when talking about financial advisors that may or may not have the best interests of the client foremost.
100% correct, just 180 degrees off. If you are a long term investor, when you buy is irrelevant. The market is random and unpredictable, there is always someone saying there is recession/depression/crash coming just around the corner. The point is NO one knows, think about it, if no one was able to predict the pandemic how can anyone predict what the market will be next week, month, year etc.. The best time to buy is yesterday, the worst time to buy is tomorrow.
Closed Thread

Tags
personalcapital.com, offered, tools, free, online


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 03:59 PM.