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Reply to "WHO is pulling all of their money out of the stock market?"
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[quote=Anonymous][quote=Anonymous]My friend's entire 401k was government bonds for the last 5 years. He was convinced the market would drop. He converted the entire portfolio to equities on Thursday night, after the big drop that day. And then, yesterday happened. Doh. You can't time the market. My friend missed out on 30% gains in 2019 and then bought during last Friday's dead cat bounce.[/quote] In the recent a mistake to move your TSP the night after a huge drop. There is almost always a big bounce the next day. [/quote]
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