jeepinmatt
..l.
- Joined
- Mar 24, 2005
- Location
- Stanley, NC
So then, do I sell now, or hold on a few more days or weeks?
Yeah yeah yeah, I get all that. But highest record in 17 years looks more like a peak than the start of a climb. Its legalized gambling anyway...Hold. Stock market is for the long-term. It's going to go up, it's going to go down. Not necessarily in that order. You just hope that the ups outweigh the downs over the period you are invested. I think you are more apt to screw yourself, or miss a good upside, if you get in and out, in and out.
Past performance is not indicative of yada yada yada....but over *most* 20-30 year periods you are going to gain waaaay more than in most other available (legal) investments.
So then, do I sell now, or hold on a few more days or weeks?
....and following 1979 the inflation rate was 11.3, 13.5, 10.3 ('79,'80,'81). What good are gains if they are offset by inflation, losing purchasing power?
The question is whether it will continue to tank. Would have (obviously) been better to make that first move earlier.Yeah, what's the smart course here? Move into stable stuff for a couple days, then aggressive stuff for a few weeks?
they are already predicting another recession by 2018
They've been predicting that for a couple of years. No change here.
@drkelly - markets are flat. Futures recovered this morning to within a percent and a half, there was a dip on the open that got bought.