More people lost money waiting for correction
- Thread starter qlai
- Start date
I'm sure especially when you are buying it in bitcoin or better yet DOGE coins..... Yummy goodness.
If I had a nickel for everytime someone wrote "it's not sustainable"...
TSM sold out of manafacturing capacity for the next 2 years is a better indicator of consumer demand than a bunch of people unemployed.
https://www.reuters.com/technology/tsmcs-q1-profit-up-19-beats-market-estimates-2021-04-15/
Bank economist predicting over 10% growth this year and into next year.
Go into cash and buy all the poots you want waiting for the correction. But remember, this isn't Japan. USA population isn't shrinking. Equities are one of the best asset classes for asset price inflation.
I'll continue to be all in QQQ. SPY 500 end of year.
TSM sold out of manafacturing capacity for the next 2 years is a better indicator of consumer demand than a bunch of people unemployed.
https://www.reuters.com/technology/tsmcs-q1-profit-up-19-beats-market-estimates-2021-04-15/
Bank economist predicting over 10% growth this year and into next year.
Go into cash and buy all the poots you want waiting for the correction. But remember, this isn't Japan. USA population isn't shrinking. Equities are one of the best asset classes for asset price inflation.
I'll continue to be all in QQQ. SPY 500 end of year.
I am not strong in math. Just know the basics, add, substract, multiply, divide...
So I miss the "higher math".
But it's nice to see that while I miss the higher math, some math wizards apparently miss the basics.
me too, I can hardly know fraction. I can count 1, 2, then 2.5, then 3. also gets the job done.
S2007S posting "don't be greedy" nonsense is usually a bullish indicator as well. If markets go up he'll claim his retirement fund is raking in the money but if markets go down he'll start calling everyone "fools" for not selling.
So when did you convert some or all of your retirement account to cash ? Or are you "massively greedy" and a "fool". Were you "euphoric off the charts" making your sandwiches today ?
Oh My God This is the 2nd most viewed thread on this funjxikking site! Give me a huge boatload of Jimmy Cramers crap! I'd rather flip through that! This is outrageous- the amount of work I put in - the amount of winners I give out for free-- and THIS is the 2nd most viewed thread... What's wrong with this world! TAXES<-- I'll tell you TAXES!!!!! What a joke jesus! Thanks USA-WHERE'S ALL MY MONEY!@!!!~stoney
I didnt covert anything to cash, but what I did was increase my positions on my retirement account by upping my contributions from march to around April of 2020 and all new Contributions from May until now every bit of full contribution went straight into bonds. Yes I missed buying many thousands of dollars worth of small caps and large cap indexes in my retirement account the last year which by now would have been up another 10-20% but oh well. Every new bit of contribution has been going directly into bonds with the fund paying a dividend monthly. I plan to hold that fund until at least a 20-30% correction and then take that money and put it to work. Aside from that I may be going all cash in my retirement account in the weeks to come.
Okay so all your screaming about fools being fools is just an act, or you are just a fool yourself to be long and not "listening" to your screams. Do you have a split personality or something?
Some people's brains just aren't wired to buy all time highs. Unfortunately, i am one of them. Was sitting on the sidelines waiting for a big correction in the market between 2014 and 2020. Missed out on the biggest bull market ever. Finally got my entry at a significant discount off the top but still a lot higher than what my average would have been if i had simply held my nose and bought along the way.
Same dilemma now, what do i do with all my positive cash flow? Sadly, i am gonna wait again. It seems this is one lesson i just can't learn. Kudos to those who can just buy at any price.
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