karchad

Money Flows Into the Market: What They're Telling Us

John, you're right for individual stocks, i dont advocate buy-and-hold for that. But for etfs/index funds, it's the best we can do. nobody can time the market. Not you, not me, not Buffet,Rogers, etc. The best we can do, is buy at low prices. Period. And you and i can tell what is a relatively low price. when the market drops 20%, it's time to buy. sure, you may not make money next week, next month. but long term, you return will exceed others' and maybe even exceed the indices. When the market is up for 5 years in a row, or bubbles up 80% in a year, it's time to lighten up. That's the best I can do to get decent returns. I can't time. And i dont believe ANYONE can. Not even a computer.

Money Flows Into the Market: What They're Telling Us

I'm grateful to the people who defended my comments, but i'm a little upset at it! Not personally, but I like to see 100 people attacking my optimism. Anyway, there will also be some John Pseudonyms, so don't be so hard on him. He helps the rest us profit in the equity's market! Without him, i wouldnt be retired!

Money Flows Into the Market: What They're Telling Us

Hey John Pseudonym, as the market slowly drifts up, it will be up 100% and you'll still be yelling "bear trap". I've heard from the likes of you for 40 years now, and have made tons of money off of people like you. Keep listing what's wrong with the economy, while I make money, buying at low points of the market, when people like you are yelling "Disaster".... By the way, homebuilders ITB is up from 13 to almost 21, i'm in at 17. An amateur like is probably scratching his hear, wondering how that can be, "the news is so bad". Here's a hint: you make money buying on bad news, not good news. Good luck losing your money

Money Flows Into the Market: What They're Telling Us

My optimistic take is that when selling dries up, we're at a bottom, even above it. It will take awhile for buying to pick up, yes, but to me, downside risk is limited, the greater risk is in missing that sudden move up. I'm in at this point. If the awful daily news hasn't created more selling, then there's no more selling to be had. I can wait, like in 2002, i went in big in August, the low was hit in october, but i had to wait till the next year for the gains. That's okay. I can look beyond CNN's daily disaster stories for my investment strategy. I like this article.