Anonymous wrote:Anonymous wrote:OMG I've never seen anyone overestimate their own abilities like this in my entire life.
It wasn’t rocket science. I saw a period of immense tumult on the horizon and clicked “exchange fund” and the gambit paid off. I have preserved thousands in capital. All I have to do is click exchange again and I’m back in equities.
Except that wouldn’t make sense because looking at this from a macro perspective we are not going to rally. The jobs report comes out tomorrow, if even remotely accurate it won’t be great, gas is at $111 a barrel and rising without a clear solution in sight, and even then with 20% of capacity apparently having been diminished, inflation is persistent and I’m sure you’ve felt the pressure at the store and the pump.
So what makes you think I’m wrong or overestimating my abilities?
The entire point is that I see the market slipping more days than rising and I have been right. If you read the news about international events right now is a great time to be in G fund where capital does not erode.
I’m guessing I’ll switch into possible 80% I and 20% C in the next few weeks, but not this week. I honestly saved myself like a 17% loss in value by doing what I did with the move, so it wasn’t overestimating myself. It was lucky, but it was also based on a reasonable person’s assumptions based on news of how there are difficult economic headwinds. Anyway, you do you.
Anonymous wrote:OMG I've never seen anyone overestimate their own abilities like this in my entire life.
Anonymous wrote:Anonymous wrote:Op here. Yeah, super bearish on just everythin today. I am 100% waiting things out before moving G back to C or I. I really want these permabulls on here explain to me how I was an idiot 4 weeks ago moving to G. Explain how stupid it was to avoid a 15% market drop in I fund since moving. The drop is still going. I bet by next week it’ll be down again. I am honestly tempted to buy and hold some 2x and 3x leveraged ETFs like JETD or sqqq right now in taxable brokerage for a bit.
Probably because it’s dumb to be in I over C generally.
Sounds like a well-reasoned plan. I’m sure it will work out.
Anonymous wrote:Op here. Yeah, super bearish on just everythin today. I am 100% waiting things out before moving G back to C or I. I really want these permabulls on here explain to me how I was an idiot 4 weeks ago moving to G. Explain how stupid it was to avoid a 15% market drop in I fund since moving. The drop is still going. I bet by next week it’ll be down again. I am honestly tempted to buy and hold some 2x and 3x leveraged ETFs like JETD or sqqq right now in taxable brokerage for a bit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Op here. I am so fking glad I stayed in G. Market is going to drill tomorrow and I will be safely ensconced in the G fund. I may actually move some funds into I when it’s down like 500 points or whatever tomorrow. Either way, couldn’t you people tell we are on a downward trend? Can’t you understand how market drops work? I will be able to buy so many more shares of cheap stocks now than you folks who just stayed in C or whatever.
This has to be a bit. We’re down like 3.5% on the year.
You simply don’t get it. We are going to have a global depression because of oil prices. Also, did you watch the address tonight? Prob not. You really have no fking clue do you? Our stock market has so much further to fall. Go watch Fox News and stay out of the financial forum. You have no clue what’s going on.
Ignore the PP. There's some stiuations where return of capital is more important than return on capital. This is one of them. Already the largest energy shock in our lifetime with no end in sight at a time when stocks are at all time high P/E values. And dude still thinks this is a garden variety correction.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Op here. I am so fking glad I stayed in G. Market is going to drill tomorrow and I will be safely ensconced in the G fund. I may actually move some funds into I when it’s down like 500 points or whatever tomorrow. Either way, couldn’t you people tell we are on a downward trend? Can’t you understand how market drops work? I will be able to buy so many more shares of cheap stocks now than you folks who just stayed in C or whatever.
This has to be a bit. We’re down like 3.5% on the year.
You simply don’t get it. We are going to have a global depression because of oil prices. Also, did you watch the address tonight? Prob not. You really have no fking clue do you? Our stock market has so much further to fall. Go watch Fox News and stay out of the financial forum. You have no clue what’s going on.
Anonymous wrote:Anonymous wrote:Op here. I am so fking glad I stayed in G. Market is going to drill tomorrow and I will be safely ensconced in the G fund. I may actually move some funds into I when it’s down like 500 points or whatever tomorrow. Either way, couldn’t you people tell we are on a downward trend? Can’t you understand how market drops work? I will be able to buy so many more shares of cheap stocks now than you folks who just stayed in C or whatever.
This has to be a bit. We’re down like 3.5% on the year.
Anonymous wrote:Op here. I am so fking glad I stayed in G. Market is going to drill tomorrow and I will be safely ensconced in the G fund. I may actually move some funds into I when it’s down like 500 points or whatever tomorrow. Either way, couldn’t you people tell we are on a downward trend? Can’t you understand how market drops work? I will be able to buy so many more shares of cheap stocks now than you folks who just stayed in C or whatever.
Anonymous wrote:OP - honest question - how old are you? Do you really think you can do this for the next X years? If you are very young, why the hell do you care about a couple % fluctuation over several weeks. If you are older, you shouldn't be so exposed to equities anyways.
It would appear you are grossly over estimating your ability to read the markets if you are 25 or 65. Take this as a warning, you won't win this over any extended period of time. You can't see this, but the posters here aren't jealous, they're actually trying to help you from making a real mistake with your retirement funds.