Reply to Does anyone else believe the impending financial crash will be bigger than 2008-2009?

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Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All these people saying the market crash is coming sold out of their equities in April and are trying to justify their idiotic decisions. You can’t time the market. You aren’t smart enough. Neither am I. [/quote]

I actually stopped investing when Trump won and stacked up cash, and used that to buy in in April (managed to hit the day before the very bottom, which is timed enough for me).  I haven't bought outside of retirement accounts since, and am piling up cash again (including dividends) so that I can buy in again when this bubble bursts.

But you keep DCA'ing into this meltup.  Whatever makes you feel safe is probably the right investment strategy.[/quote]

What an amazing coincidence, eh? Timing it so perfectly and having the confidence to jump back into the sharply dropping market after big scary man made his big scary announcement. Forgive me for being a bit skeptical.
[/quote]

You can be as skeptical as you need to be, it doesn't change my reality.  My buy-in point was to put in 1/3 of my cash when we fell 20% down from the top (and all of the remaining cash if it fell another 10%, which it didn't), and that's when I pulled the trigger.  I haven't decided if I will move the first purchase trigger to be at 25 or 30% off the top this time (I feel like prices are even sillier right now so I should adjust, but maybe I just stick with the initial plan and the second 10% drop will activate this time).[/quote]

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