agip
Klondike5 wrote:
[quote]agip wrote:
klondike,
please. No one thinks losing money is a good thing, to be desired. it is simply something that must be endured.
here is your investing strategy: Sell when you have a hunch the market will tank
You really think it required a hunch to see what was going on in 2008? Call it what you will, it saved me several hundred thousand.
A long term strategy of always being in the market is good for those people who want you in the market so they can bleed you with fees.
Those same experts who tell us not to time the market buy and sell constantly in an attempt to time the market.
I honestly don't know how so many people fall for such transparent and self serving propaganda
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well I'll agree with your condemnation of wall street. Few there are doing the smart thing and advising clients to buy ETFs for .04% and holding them. You can't call 4 cents on each $100 invested bleeding you with fees.
we'll see if this hunch of yours is good. I'll bump this thread on the last day of each month and we'll see how you do.