Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Which stocks and funds are you buying?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]FOMO in full swing! [/quote] This entire conversation is just like how on Reddit’s wallstreetbets subreddit bulls and bears constantly talk sht. So right now, yes, the market is on the up. And that’s great. I like getting money from my portfolio. But I am also still skeptical we are getting out of this trade war, which is yet to be resolved, unscathed in the long run. You seem so confident that the classic Bogle, “just DCA into US stocks and profits will come forever!!!!l” I’m concerned that we are alienating the conditions and trading partners that historically allowed that to happen. Also, greed is driving the market. We’ve got crypto this and that everywhere. We still have 30% tariffs. So your whole thing about buying the dip may not be right unless you’re doing it for day trading or swing trading. The market could still fall in the near future from a crash from trade war impacts. You buying VTSAX or whatever at a discount in the last couple months doesn’t mean we are over the rough hump and going back sky high in perpetuity. It could fall a lot more and you won’t feel so smug when the discounts you through were discounts were only a temporary reprieve before a bigger fall.[/quote] No - you’re just apparently not smart enough to understand that the dollar cost averaging doesn’t stop. Of course it could go down again. We’ll buy at a discount again. We’re in it for the long term unlike you market timers who think this newest “unprecedented time” is unlike all the other “unprecedented times.” You’re just hoping it goes down so you can pin it on Trump. The more savvy investors hate Trump for obvious reasons, but are able to divorce the stock market from temporary politics.[/quote] +100 I can think of 2000 (Tech Bust), 2008-2009 (Housing Market) & 2020 (COVID). IF you DCA'd through all those ups and downs you came out on top each and every time for a total sum GAIN. https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics