Ghost of Igloi wrote:
The time does not matter.
It does for somebody who bought in to your narrative back in 2015 and moved to ultra conservative or out of the market vs doing that on 7/20/2018. Tell me how doing that in March 2015 was the better decision?
Sure there are those that can be that lucky. Collectively investors can’t avoid the fall in valuations since each share of stock must be owned by someone at each moment in time.