“Dont time the market” is a stupid meme
Imagine you invested in s&p a year prior to the crash - July 1999 - 1400 July 2000 - 1500 (peak) Next time it hits 1400 is 2007 (shortly before the crash) Then again in 2012. So if you feel comfortable being underwater for 13 years, be my guest and put money into equities. But “don’t time the market” is a total meme saying at this point that has no meaning. We are in completely delusional irrational territory. If you invest now, you too are delusional and irrational. inb4 someone mentjons DCA as an alternative. It you dont mind holding overvalued trash in your portfolio, go right ahead.
You're right. The strange thing is that whenever a winning strategy is discovered in the markets, it's usually arbitraged away until that winning strategy no longer works. Why should "dump all your money in SPY and forget about it for 30 years" be any different? Especially now that EVERYONE is doing it. When the boomers retire, we might hit a patch of years to decades where money is being drawn out of stocks.
Also: I agree that current valuations are insane, and historical data would suggest mediocre returns 10 years out if you invest at these levels. We are definitely in a bubble. I think many techies are in denial, since they think they really deserve $400K TC for writing some Go webservice and launching it in Kubernetes or whatever.
@TiCi maybe spend a little less time on r/futurology and more time here in the real world.
Normally I would disagree with you given this audience but the dumbfucks posting "invest it all in SPY and Vangaurd and forget about it" in every thread regardless of circumstances is terrible advice. Bonus when the advice is don't buy a house and invest it all in equities because apparently there is no relation between equity and housing performance.
The question is very simple. If you have money how do you want to invest it? Equities bonds real estate gold Bitcoin? Everything seems expensive and overvalued.
Depends on your timeframe and goals of the money, typical questions you would hire a financial planner for, not ask the clueless internet about which is mostly guesses. I am in real estate but most of my gains in the past 6 years have been from real estate (speculation) and equities. I'm looking at spreading my risk to bonds and other lower risk investments and going for cashflow like rentals instead of real estate speculation.
Most financial planners are scam artists that push users products on their clients
Yea but DCA...
Sure go ahead and time the market but make sure you do invest when the market drops and more importantly don’t have your investable funds dried out from blowing it up on high depreciating assets when the time is really right. For everyone else who needs disciplined savings/investment growth - keep calm and DCA.
What are you smoking? It must be legit
Ok, try timing the market and let us know how it goes for you. The concept of "not timing" is to not look to absolute get at low and sell at high, coz u will never know that for sure and will always be disappointed when you misjudge. It is important to have a decent understanding of fundamentals of the stock and dont get ruffled by small jolts in the market. It doesnt really mean fire and forget for crazy long time. 3-5 years is considered a good time frame for long, but I have done this for 6 months or lesser as well.
This is incoherent. Read my post. If your time horizon isn’t 15+ years you should not be investing in the market now.
Hmmm, well to each his own. I think you can still invest in good companies even if overall market comes down and NOT wait for 15 years for benefits.
Ya bro you have hindsight. How do you know if you are at a bottom?
May bearmongers unite
Whaaaaat? Who is this new import?