Sarah's guesses are as good as anybody's. They might be even better than most, but the truth is that Sarah (and everyone else for that matter) are just guessing at what they think MIGHT happen. Anybody who tells you that they know for sure what will happen is not being truthful with you.
The markets are fear and emotion driven, and that is very hard to predict. You cannot predict what the market will do any more than you can predict whether a roulette spin will land on black or red..
You can look at the last 8 or 10 years, see what happened and suspect that market is overvalued and due for a fall, but you can NEVER know for sure exactly when that fall will occur.
From:
Sent: Monday, March 12, 2018 3:32 PM
To:
Subject: Re: [TSP_Strategy] Why I fund
Sara - please don't limit your exposure☹️.
I appreciate your opinion and feed back and when you believe it's a good time for anyone to make a judgement call to move their funds.
Sent from my iPhone
On Mar 12, 2018, at 2:51 PM, sarah_oz@yahoo.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
I didn't know it came back that quickly. My point was that when things start falling most of the bloodletting is over in minutes or hours, certainly well before any of our slow end of day trades would execute on our TSP indexed funds. I think that was how it was in 1929. Most of the damage had been done in a single trading day. When the cattle all start stampeding off the cliff together, they generally run really fast. And yes, I agree, we can never perfectly time the market, but that doesn't mean that we shouldn't try. If I hear or think that a substantial downturn is coming I will take action to try to limit my exposure.
Yes, markets fall much faster than they advance. If I believe that a substantial downturn is coming, I will also take action to limit my exposure.
Posted by: "steve_thompson777" <steve_thompson777@YAHOO.com>
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