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.
From:
Sent: Sunday, March 11, 2018 9:33 PM
To:
Subject: RE: [TSP_Strategy] Why I fund
Yes the market fell in 2008 and if you just waited in about 2 years it was back, but it didn’t fall 40% in a day, it took months, the key is don’t try to time the market, you can’t but also get out when the trend is down... Watch the SMA crossings, watch the direction... you can never predict the bottom, or the top
Posted by: "steve_thompson777" <steve_thompson777@YAHOO.com>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (70) |
Belum ada komentar untuk "RE: [TSP_Strategy] Why I fund"
Post a Comment