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PoindexterOglethorpe

(28,002 posts)
7. Keep in mind that market timing is virtually impossible.
Mon Feb 12, 2018, 12:50 AM
Feb 2018

A lot of people thought that Trump's election would mean a huge drop in the market and they sold. The market is up quite a bit since November 2016, and is still up since that date.

A lot also depends on when you first bought. Right now we seem to be in a long overdue correction. And that is a good thing.

Keep in mind that stocks go up and stocks go down. Staying invested in the long term and being diversified are basically no-fail strategies.

I am down about 5% in recent days because of the decline in the market. Which is itself down about 10%. My lesser decline is a tribute to a good financial advisor who has me in investments that are a bit more conservative than the market as a whole, so my downside exposure is a lot less than the market. My upside is also a bit less, but I'm very pleased with how my investments have done in recent years.

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Stock Market Question [View all] BlueDog22 Feb 2018 OP
It's been in a bubble for some time, elleng Feb 2018 #1
Stock market status:currently bursting. dewsgirl Feb 2018 #2
Personally, I think it's time.... lastlib Feb 2018 #3
Go to yahoo finance and look at the entire Dow chart NRaleighLiberal Feb 2018 #4
You can flip a coin depending on who you talk to... SWBTATTReg Feb 2018 #5
Markets BlueDog22 Feb 2018 #6
Keep in mind that market timing is virtually impossible. PoindexterOglethorpe Feb 2018 #7
I totally agree w/ your excellent points! SWBTATTReg Feb 2018 #8
Bull markets climb in stages bucolic_frolic Mar 2018 #9
I sat out most of the 1990s because I thought the market was overvalued progree Mar 2018 #10
Bingo. PoindexterOglethorpe Apr 2018 #11
Latest Discussions»Culture Forums»Personal Finance and Investing»Stock Market Question»Reply #7