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That's stock speculation for you, everything you do is wrong in retrospect
by ackbar03 1y ago
That's stock speculation for you, everything you do is wrong in retrospect
- carabiner 1y agoI just buy during big fucking crises, either individual stocks or index funds. Front page of the NYT type shit, "existential threats" to 100+ year old concerns. Boeing, Toyota, pandemic. Such opportunities only come up every 2-3 years or so. Sell after 1-2 years to get the lower tax rate.
- fragmede 1y agoDCA and time in market beat trying to time the market. If you're doing nothing all day but refreshing Twitter and Robinhood maybe there's some alpha but that's too much involvement for me.
- immibis 1y agoThe first sentence is a thought-terminating cliche and is not true. Correctly guessing the shape of the Trump tariff crash was worth an entire year in the market. Crashes that don't instantly reverse themselves tend to be more like ten years.
- fragmede 1y agoyes but unfortunately for me, I don't have insider information or a time machine. If you had $10,000 today, where would you put it?
- 0cf8612b2e1e 1y agoFeels equally plausible that there would have been an across the board increase in tariffs just to look tough. There is no logical analysis of the current situation.