Sell all your stock! Trust me.

Discussion in 'Industry Veterans' started by Anonymous, Dec 14, 2014 at 1:59 AM.

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  1. Anonymous

    Anonymous Guest

    7 year period coming up in 2015.
    Its a good time to sell.
    Remember 2001? 2008? 7 year stretch.
    2015 going to be another dip. Take the money and buy some real estate, with cash. Rent them out. Just my advice on this.
    Market is way out touch with the reality of our current economy as well.
     

  2. Anonymous

    Anonymous Guest

    Market timing is for fools.

    Buy real estate? Take your own advice. Remember 2008 and the crash in prices?

    The best thing is to avoid the noise. Invest for the long term.

    Buy, hold and rebalance.
     
  3. Anonymous

    Anonymous Guest

    Market at all time highs...its time to sell.

    If you can't sit still w your cash, buy some land or real estate that costs less than 150k, to minimize the volatility.
     
  4. Anonymous

    Anonymous Guest

    Just more foolish advice. If you do your research, you would find out that even in the worst case scenario in which you only bought during market highs, you would have still made money in the market, as the market continues to set new highs after sell offs. So many people have lost money trying to time the market. There is no need to take risks.

    As to your real estate advice, it is just moronic. It comes down to individual market dynamics. Following your advice, people would be buying property in places like Detroit, which would be throwing money away.
     
  5. Anonymous

    Anonymous Guest

    Thank you for giving me more confidence in my position, with your post.

    You are one of those people that like to make predictions after the events have happened, aren't you?

    I did not say "time the market", I said the market is at an all time high, and it is a good time to sell. Big difference, genius.

    The ones that make money, in any market, are those with a lot of cash, and a lot of insight to take reasonable risk when the masses (people like you) are afraid. That is when we cash in. But, we also sell off when people like you want to buy, buy, buy, when it is a clear selling opportunity, as is the stock market now.

    Keep chatting away. I want to fade you some more.
     
  6. Anonymous

    Anonymous Guest

    Hi troll. Telling us that you think we should sell indicates that you are timing the market.

    You can look at a long list of various buy, hold and rebalance strategies, as described by Jack Bogle, William Bernstein, Larry Swedroe, Rick Ferri, and many others are see that you do not need to take risks with buying and selling based on opinions, emotions, etc. In fact, if you even look at a worst case scenario of buying on market highs, yet stick with buy and hold, you still make money. There is no need to take on some kind of risky strategy.

    Here is the reference:

    http://awealthofcommonsense.com/worlds-worst-market-timer/




    By the way, I am still laughing at your silly real estate advice.
     
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    Anonymous Guest

     
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    Anonymous Guest