Smoked. wrote:Question for Klondike wrote:
Perhaps you stated and I missed it in this thread, but in your previous timing of the market, exactly WHEN did you get back in? And, how will you decide when to get back in going forward?
And, please share with us peasant folk what all the obvious signs are that are happening now (and a month or two ago when you sold) that provoked the sale.
I'd like to learn.
Klondike5, in case you didn't realize, these questions are really them just handing you some rope, because you will not be able to give them an answer than bears any fruit. They aren't looking for real advice.
You really should reconsider your investment strategy. If you want to get the rush you apparently get out of selling high and buying low, then do that only with Mad Money (that is money above and beyond what should be your normal investing of 15% into good growth stock AND VALUE (or income) mutual funds. You should also be 100% debt free and own your home outright before doing so. When you are there, THEN go buy some stocks and play this little game...but only with money you can afford to lose.