The stock market is up 4.07% since this thread started. Not clear yet if stocks will beat a year of cash (read money market) interest in the space of two weeks, but they might. Would be fairly typical for a failed attempt at timing the market.
The real nightmare begins if stocks, as is pretty common, go up 15-20% this year. Then one has to decide if they cave in and take the loss, or hold out for the overdue correction and stay in cash. But then if one does cave in, and stocks crash, does one cash out and wait for the rest of the crash to finish? Or double-down on stocks at a bargain price?
The real nightmare begins if stocks, as is pretty common, go up 15-20% this year. Then one has to decide if they cave in and take the loss, or hold out for the overdue correction and stay in cash. But then if one does cave in, and stocks crash, does one cash out and wait for the rest of the crash to finish? Or double-down on stocks at a bargain price?
Statistics: Posted by z3r0c00l — Sat May 11, 2024 9:48 am — Replies 116 — Views 15815
