Buffett nostrum, be greedy when others are fearful, and be fearful when others are greedy.
contrarianism, since markets go up and down, if you want to buy low and sell high, it is good to buy when there is blood in the streets, and sell when the church bells are ringing peace (attributed to a Rothschild).
ah, but that is market timing, and that is an issue for core BHers.
I say market time away, as long as you have a long term outlook and develop a core long term holding around which you add/subtract.
I am not recommending that you ever go all cash or all stock, but rather gravitate between the two as your good common sense dictates.
and if you dont have good common sense, then do nothing
contrarianism, since markets go up and down, if you want to buy low and sell high, it is good to buy when there is blood in the streets, and sell when the church bells are ringing peace (attributed to a Rothschild).
ah, but that is market timing, and that is an issue for core BHers.
I say market time away, as long as you have a long term outlook and develop a core long term holding around which you add/subtract.
I am not recommending that you ever go all cash or all stock, but rather gravitate between the two as your good common sense dictates.
and if you dont have good common sense, then do nothing
Statistics: Posted by rule of law guy — Fri Aug 02, 2024 3:40 pm — Replies 9 — Views 535