Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Your post reminds me of certain people who were around in 2007, who were already cash strapped, but who took out a interest only loans to buy overvalued property to rent, because “the market only goes up”.
Read up buddy. Maybe stocks are a little overvalued right now. Maybe Evergrande could be an issue. Maybe there is residual Covid hangover, but sure the market never falters. Tulips always go up in price in Holland. Peace.
NP, but of course the market will go down at some point. If you think that point is now, I assume you are all in on a short position. Beyond that, the market does increase in an average year; by a lot. Your point appears to be that there's a variance around that average. I agree! But this variance has nothing to do with the expected return in a given year.
dp - original pp was talking about a correction. you are talking about annual return in a given year.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Your post reminds me of certain people who were around in 2007, who were already cash strapped, but who took out a interest only loans to buy overvalued property to rent, because “the market only goes up”.
Read up buddy. Maybe stocks are a little overvalued right now. Maybe Evergrande could be an issue. Maybe there is residual Covid hangover, but sure the market never falters. Tulips always go up in price in Holland. Peace.
NP, but of course the market will go down at some point. If you think that point is now, I assume you are all in on a short position. Beyond that, the market does increase in an average year; by a lot. Your point appears to be that there's a variance around that average. I agree! But this variance has nothing to do with the expected return in a given year.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Your post reminds me of certain people who were around in 2007, who were already cash strapped, but who took out a interest only loans to buy overvalued property to rent, because “the market only goes up”.
Read up buddy. Maybe stocks are a little overvalued right now. Maybe Evergrande could be an issue. Maybe there is residual Covid hangover, but sure the market never falters. Tulips always go up in price in Holland. Peace.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Been hearing that since 2012 LMAO. Always someone out there thinking we are due for a correction.
Anonymous wrote:Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
I’m holding like $6K in Vanguard waiting to buy VTSAX when sht pops off. I mean we’re definitely due for a correction.
Anonymous wrote:Anyone keeping dry powder to buy dips or are you minimizing cash holdings due to the high inflation? I’ve been doing the latter but am feeling nervous. I’m less than 2% in cash right now and been this way the past 18 months, everything else in index funds, real estate, crypto.
Anonymous wrote:Anonymous wrote:Time in market beats timing the market.
Everybody thinks they know when to buy the dips, nobody actually does.
Go play this game 100 times and let me know your scores, I bet you'll win far less than 50% of the time.
https://www.personalfinanceclub.com/time-the-market-game/
I plowed $600,000 into the market from Jan-April of 2021. As it went down, I kept buying. It required nerves of steel, but I did it.
But, I agree with your point -- time in the market does beat timing the market.
