Anonymous wrote:it will probably dip sometime between now and 2016, similar to what we saw in 2008-2009. There is always a correction every 7-8 years at some point: 1991, 2001, 2009 and we're due for one.
Now am I concerned? No, because I'm in my 40s and I have years til retirement. All my invested money is in retirement funds, and since I auto-purchase, it only means I'm buying more shares when the price goes down, and I haven't actually realized any losses when these blips occur, because I haven't sold anything.
If you are trying to time the market, you are not going to get it right unless it's through some extreme amount of luck or insider knowledge, so stop trying. Also your investments shouldn't be set up that way, i.e you shouldn't have any money you NEED most of in the next 5 years in the stock market.
Anonymous wrote:I've been waiting and waiting for a dip to go back in. There hasn't been a dip in years, so I went ahead the other day and got back in. Now there'll be a dip, I'm sure.
Anonymous wrote:The market is the depository of printed money . The fed is locked into low rates until something catastrophic occurs. The whole thing is a mess . Nobody knows exactly what is going to happen but the long term is going to be really bad.
Anonymous wrote:Anonymous wrote:Ha. You are both fools if you think stocks will keep going up. That's not how they work. The trend will continue until the day the trend ends - then you will lose half your money.
If you are not in stocks for the long haul, you should not be in at all.
OP here. I'm in for the long haul. It may fall by half, but it will eventually double from where it is today, right?
Anonymous wrote:Ha. You are both fools if you think stocks will keep going up. That's not how they work. The trend will continue until the day the trend ends - then you will lose half your money.
If you are not in stocks for the long haul, you should not be in at all.
Anonymous wrote:I've been waiting and waiting for a dip to go back in. There hasn't been a dip in years, so I went ahead the other day and got back in. Now there'll be a dip, I'm sure.