I’ll say what I like. I give zero fks about you because you zero impact on my life. Anyway, gold will rise. And we will have a massive recession soon. When we do I hope you get caught having bought at all time highs. |
My spouse and I save aggressively, are due 2 pensions, and my family is loaded. I can afford to "gamble" as you say, but my results speak for themselves. And I've gained about 30k more this past week so almost to 550k now. Clearly you've never heard of the power of compounding. |
Like being stupid isn't enough, you have to prove you are nasty as well. Nice. |
DARVO much? |
| OP I have money in the G fund as well as C, I and S. Why, I am a 2 1/2 years away from retirement and ensuring I am not impacted by sequence of return risk. Sure market will go up and down but between pensions and SS wife and I have 75% of current income covered. With low 7 figures in TSP, much of which will be rolled over in retirement not really.concerned with the ebb and flow of the market which will continue to trend upward long-term. |
If all you have is 550k, you actually might not want to gamble. Even a million dollars isn’t a lot these days. |
Jumping back into C on Monday? Even if it’s down 2%, it’s still pretty high. |
550 is just me. My spouse has his own pot, much larger since he has been fully maxing the entire time. |
That idiot is “hoping” for a 1000 pt down day. You can’t get any dumber than this guy |
OP I am glad you learned market timing doesn’t work. I timed the market one time (during early COVID) and while it worked out for me that time, it just made me realize I got lucky and happened to understand the markets better than others during one unusual time period, which would likely not happen again without a lot of time and effort and luck. (Basically I followed Covid news much more closely than most people in Dec-Feb 2019-2020 and new a big shock was coming; then I also followed the news in China to see that the economy it would start to normalize fairly quickly.) |
No one really “hopes” for a down day. It used to be that market fundamentals were much more predictable and the market didn’t move based on the whims of tweets. Anyone who reads actual news can follow that absolute bullsht is continuing to drive the market upward. It’s nuts. Blocked strait? Just tweet some bs. Revised down job numbers, ai impacts, tariff related impacts, just tweet some fluff and up it goes. I’m sure you’re pleased as punch with all of it (deportations and environmental deregulation included), but I feel like we are sitting on an economic house of cards. Inflation just wanting to jump out. It’s not rational. So yeah, I’m looking for a down day to get back in. At the same time, I’m holding gold and gold miner ETFs and mutual funds for the future when gold goes back on its tear. We will most likely get a compliant fed chief willing to lower rates in a bad economy once Jpow leaves and gold will go to $8,000. |
… but what is the end point? You cannot effectively time the market forever even if you get it right this one time. It is much more likely that you will miss the big up days that comprise most of the gains over time. It sounds like you just don’t think equities are a good investment period. |
So what if the big down day you're looking for happens after 5 consecutive market all-time highs? Then your down day wasn't really a down day. Market timing doesn't work and if you're far from retirement its best to get in the river now. When you look up X years later, you will have bought low. |
So, let me get this straight. No one really "hopes" for a down day, but you are looking for a down day to get back in? |
| How big is your portfolio (TSP and all other investments combined)? |