Is today a good day to buy 500 index funds?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. Good day for Gold though.

Disagree. Bad day for gold. Us gold is stored in Switzerland, and they just got hit with 39% tariff. Oof

Why is it stored in Switzerland?

IDK but maybe because it's considered as a neutral company? Even though it recently joined NATO.

No, Switzerland did not join NATO.

[Anonymous]

I had about 35k cash in my IMA that needs to be invested so I bought 10k of indexed ETFs, ishares and Vanguard. We shall see.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No. Good day for Gold though.

Disagree. Bad day for gold. Us gold is stored in Switzerland, and they just got hit with 39% tariff. Oof

Why is it stored in Switzerland?

IDK but maybe because it's considered as a neutral company? Even though it recently joined NATO.

No, Switzerland did not join NATO.

I stand corrected. thank you.

[Anonymous]

Weirdos trying to time the market

[Anonymous]

Anonymous wrote:Weirdos trying to time the market

It's not really timing the market. I usually have an extra couple of hundred thousand lying around in cash. When the markets start to go down, I buy the market. For example, I purchased VTI in March or April for about $245, and have not bought since. Should there be another pull-back, I'll invest again. I basically never sell, so I don't feel it is timing the market, just putting money into the market at attractive prices. I can wait many months for the next correction to put the money back to work. If I accumulate too much cash, and the market hasn't corrected, then I'll spread some purchases over a few months to reduce my cash.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Weirdos trying to time the market

It's not really timing the market. I usually have an extra couple of hundred thousand lying around in cash. When the markets start to go down, I buy the market. For example, I purchased VTI in March or April for about $245, and have not bought since. Should there be another pull-back, I'll invest again. I basically never sell, so I don't feel it is timing the market, just putting money into the market at attractive prices. I can wait many months for the next correction to put the money back to work. If I accumulate too much cash, and the market hasn't corrected, then I'll spread some purchases over a few months to reduce my cash.

So ...you're trying to time the market

[Anonymous]

Anonymous wrote:Was waiting for market to go down so I could buy some index funds. Is today a good day? Or will it go down more?

Probably not. This feels like the beginning of the fall. I’m shorting everything. Already up $438k on today alone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Powell is not going to lower rates, because inflation is running way hot and is the bigger problem than 4% unemployment

Which means we are much further to fall, as he will stand fast and fight inflation, until Trump removed him around Christmas time, when it will plummet and then rebound when rates are cut to 1%.

Based on these job numbers, Powell just might cut .25 in September. Might.

Naw. Trump fired the Labor Statistics woman and said the numbers are fake

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Powell is not going to lower rates, because inflation is running way hot and is the bigger problem than 4% unemployment

Which means we are much further to fall, as he will stand fast and fight inflation, until Trump removed him around Christmas time, when it will plummet and then rebound when rates are cut to 1%.

Based on these job numbers, Powell just might cut .25 in September. Might.

Naw. Trump fired the Labor Statistics woman and said the numbers are fake

So if numbers are fake, then jobs market is strong, so why the need to lower rates?

Make it make sense.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Weirdos trying to time the market

It's not really timing the market. I usually have an extra couple of hundred thousand lying around in cash. When the markets start to go down, I buy the market. For example, I purchased VTI in March or April for about $245, and have not bought since. Should there be another pull-back, I'll invest again. I basically never sell, so I don't feel it is timing the market, just putting money into the market at attractive prices. I can wait many months for the next correction to put the money back to work. If I accumulate too much cash, and the market hasn't corrected, then I'll spread some purchases over a few months to reduce my cash.

This is the very definition of trying to time the market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Weirdos trying to time the market

It's not really timing the market. I usually have an extra couple of hundred thousand lying around in cash. When the markets start to go down, I buy the market. For example, I purchased VTI in March or April for about $245, and have not bought since. Should there be another pull-back, I'll invest again. I basically never sell, so I don't feel it is timing the market, just putting money into the market at attractive prices. I can wait many months for the next correction to put the money back to work. If I accumulate too much cash, and the market hasn't corrected, then I'll spread some purchases over a few months to reduce my cash.

This is the very definition of trying to time the market.

If that works for PP. Why argue? Let them time the market. It's not like they are costing you anything.