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][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]

It was good timing and prudent. At least he is free minded enough to step outside the cult and see the economic harm being done. Can’t say the same for you. But yeah don’t hedge at all. Everything is great. Jobs are great. Farmers are happy and definitely not all about to get bailouts. Everything is fking great. Gold going up 590% this year is not a sign of instability at all.[/quote]

People can say anything they want online to fit their narrative, so what you accuse others of doing easily applies to you.

I am dubious at many of the claims, in part most people have little appetite or lack the nerves to actually gamble with their money. Best is to stick with the market and ride it out. [/quote]

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