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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: nawhite on July 14, 2017, 11:14:57 AM

Title: Poll: Best way to time the market!
Post by: nawhite on July 14, 2017, 11:14:57 AM
This poll is a joke. I'm just getting sick of the "there's definitely a downturn coming so I'm going to stay in cash" threads.
Title: Re: Poll: Best way to time the market!
Post by: Cwadda on July 14, 2017, 11:41:16 AM
This poll is a joke.

*response 2 goes up overwhelmingly*
Title: Re: Poll: Best way to time the market!
Post by: bobechs on July 14, 2017, 11:58:50 AM
Well, there definitely is a downturn coming.

That fact is potent elixir for the nattering nabobs to qualify their special delusions as grim, pragmatic realism.

Remember the Red Dow thread from early last year?  OP posing as tough guy just telling it like it is about the inevitable drop in the market on certain days of the year he designated as turning points.

I found it amusing as he clung to his thesis through everything as the destined May 10% drop not only didn't come early but didn't come at all.  October though; coming in October for sure.
Title: Re: Poll: Best way to time the market!
Post by: Drifterrider on July 31, 2017, 12:07:07 PM
The best time to "time" the market is after the fact.  You will be 100% right.

OR, right after I've bought or sold because prices WILL change.
Title: Re: Poll: Best way to time the market!
Post by: Dicey on July 31, 2017, 07:25:01 PM
Yah, sure, there's a downturn coming, followed by an upturn, then another downturn , then another record high, blah x 3. The best part about being invested for the long haul is that I just don't have to GAF what's going to happen next.

And if the market goes completely to shit? We have real estate.
Still shitty? We have cash.
The Apocalypse?  A full pantry and camping supplies.

Meh, next topic please.
Title: Re: Poll: Best way to time the market!
Post by: des999 on August 01, 2017, 07:58:52 AM
I'm sure we'll some some kind of correction/crash in the future, and although it feels like it could happen any time, it could be a year or two or more from now.  The only thing I'm doing to prepare for it is to hold off on a sabbitical I've been wanting to take.  I would like to wait another year or two to see what the market does.  My biggest fear is taking a year off (no income) and then the market going down and not being able to buy into it.

Other than that, not much I can do.  I did move about 25k into my guaranteed fund in my workplace 401k.  But, that is pretty small %.  and I've wanted to go into something like bonds for a while, as I was about 97% equities.
Title: Re: Poll: Best way to time the market!
Post by: Dollar Slice on August 01, 2017, 12:57:10 PM
OR, right after I've bought or sold because prices WILL change.

I'm still working on a way to make money off the fact that whenever I sell a stock, the price shoots up. ;-)
Title: Re: Poll: Best way to time the market!
Post by: Al1961 on August 01, 2017, 01:52:58 PM
In the spirit or r/wallstreetbets, I voted for door #1
Title: Re: Poll: Best way to time the market!
Post by: wenchsenior on August 01, 2017, 02:18:20 PM
As we all know from South Park, you cut off a rooster's head and throw the body on a roulette wheel.
Title: Re: Poll: Best way to time the market!
Post by: Sailor Sam on August 01, 2017, 02:40:56 PM
Yah, sure, there's a downturn coming, followed by an upturn, then another downturn , then another record high, blah x 3. The best part about being invested for the long haul is that I just don't have to GAF what's going to happen next.

And if the market goes completely to shit? We have real estate.
Still shitty? We have cash.
The Apocalypse?  A full pantry and camping supplies.

Meh, next topic please.

Detailed description of supplies, storage location, and preferred defense mechanism? Asking for a friend.
Title: Re: Poll: Best way to time the market!
Post by: ysette9 on August 01, 2017, 02:44:38 PM
Personally I'm bummed that there aren't options for a stock-picking monkey or something like that. I vote for updating the poll. :)
Title: Re: Poll: Best way to time the market!
Post by: Gondolin on August 02, 2017, 07:43:26 AM
Top is in! Just bought $500000 on margin and am shorting it all! Money town here I come!