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Personal Finance and Investing

PoindexterOglethorpe

(26,773 posts)

11. Trying to time the market is truly a fool's game.

Reply to bucolic_frolic (Original post)

Tue Feb 1, 2022, 10:58 PM

Feb 2022

I have been investing since about 1979, and over time I've done quite well. I don't try to time the market, I mostly buy and hold.

I also have had an excellent investment advisor for more than 20 years, and he has done me very well. My investments go up. I'm 73 and retired, and I periodically increase my payout from my investments. Heck, my one son is probably going to inherit far more than he needs, so I really need to think about spending even more.

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Calling a Super Bubble: Front Row With Jeremy Grantham [View all] bucolic_frolic Jan 2022 OP

This is starting to sound like the Economy Group - where they've been screeching bubble bubble since progree Jan 2022 #1

You make a valid point bucolic_frolic Jan 2022 #2

All's I know is I'd be a lot poorer if I had listened to the "fiscal sanity" permabears progree Jan 2022 #3

Investing at the top is the worst of all strategies bucolic_frolic Jan 2022 #4

Yes, you've mentioned that there have been long and flat down periods, and I totally agree progree Jan 2022 #5

Well we won't agree on anything, and I think you are ignoring the S&P index chart bucolic_frolic Jan 2022 #6

"I think you are ignoring the S&P index chart" LOL progree Jan 2022 #8

"and eventually his strategy pays off. " progree Jan 2022 #7

I've had enough abuse from you on this subject bucolic_frolic Jan 2022 #9

"I think you are ignoring the S&P index chart. Draw boxes around the sideways period makes it progree Jan 2022 #10

Trying to time the market is truly a fool's game. PoindexterOglethorpe Feb 2022 #11