03-11-2016, 01:47 PM | #5611 | |
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Not that it changes anything but incase you saw prices jump to $20s and thought you made a $million |
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03-11-2016, 01:54 PM | #5612 |
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03-11-2016, 02:31 PM | #5613 | |
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If you keep saying things are going to go down, you'll eventually be right. You are like my hedge fund friends. Very pessimistic and always looking at things in a very bias way as if they are going to go down and crash and burn. Eventually you'll be right, but hopefully this humbles you a bit because you were dead wrong on your calls. The market has a way of humbling people. I'm certainly no expert on it, but I just made the exact opposite call from you to prove a point and I turned out to be right. |
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03-11-2016, 04:45 PM | #5614 | |
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03-14-2016, 08:59 AM | #5615 |
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Gold!!!!
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03-17-2016, 01:10 PM | #5616 | |
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I hope you did not lose too much money on this. I have empathy. |
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03-19-2016, 03:51 PM | #5618 |
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Not being a dick, just speaking directly. I said I have empathy. Dicks don't have empathy
This guy was smug early on in the thread about his predictions and it's also dangerous to give stock advice. If anyone had listened to him they would have lost their ass. It's dangerous. |
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03-20-2016, 07:28 PM | #5619 |
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I think it is highly unlikely anyone can reliably tell us when the stock market will go up or down. I don't blame the guy above. If anyone makes a prediction of up or down, some will be right and some will be wrong but no one will be right all of the time.
Maybe better luck doing a lot of research on a specific company or working for a specific company (insider trading info) but I have most of my money in index funds because after looking at the track records of managed funds and with only about 20% of them beating the market (after their expenses), even with there big budgets, looking at everything available, and hiring some of the best people, it seems really unlikely to come out ahead.
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03-20-2016, 09:00 PM | #5620 |
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03-21-2016, 10:31 AM | #5622 | |
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03-21-2016, 02:22 PM | #5623 | |
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03-21-2016, 03:16 PM | #5624 |
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Right. Which is why low cost index funds are the way to go. I've been on forums and specifically investing forums for many years and pretty much every time someone posts about their prediction of the market going up or down, they are usually wrong and they get burned. Data shows that timing the market never works yet people still try to do it.
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03-21-2016, 04:52 PM | #5625 | |
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03-22-2016, 11:00 PM | #5627 |
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Market isn't looking too good. Rising wedge is narrowing and the RSI is in overbought territory for the first time all year.
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03-23-2016, 03:26 AM | #5628 | ||
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Re: timing the market
From I Will Teach You To Be Rich
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03-23-2016, 01:48 PM | #5629 |
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03-23-2016, 01:51 PM | #5630 | |
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03-23-2016, 03:27 PM | #5631 |
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03-23-2016, 04:24 PM | #5632 | |||
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