My 401k is doing great. I moved my investments to a conservative position starting last October. The downturn didn't affect me much.
Just became full invested in stocks again.
I leave that shit to my hedge fund managers Originally Posted by SlitlikrCuz you are smart!!
20 to 30 million unemployed is closer to reality. For investors who control their own funds they should have cashed out before the drop. People who have plans through work can't get in and out quickly. Earnings reports and forecast from companies start this month and it's gonna be ugly watch for big drops in equity prices. Originally Posted by Oilrig
20 to 30 million unemployed is closer to reality. For investors who control their own funds they should have cashed out before the drop. People who have plans through work can't get in and out quickly. Earnings reports and forecast from companies start this month and it's gonna be ugly watch for big drops in equity prices. Originally Posted by Oilrig
this is likely already priced into the market. Originally Posted by r66The price to earnings ratio changes when companies report this month. 50% of the market is high frequency trading (machines) When P/E numbers get put in the equations we will see more tests of the bottom. A lot of people have index funds so when they sell good companies get sold along with bad ones making for great buying opportunities.
shouldn't try and time the market - not a good strategy IMO. Similarly, IMO, big dips and lower earnings - this is likely already priced into the market. Originally Posted by r66see the next post
The price to earnings ratio changes when companies report this month. 50% of the market is high frequency trading (machines) When P/E numbers get put in the equations we will see more tests of the bottom. Originally Posted by Oilrigthing is, market timing works phenomenally well in downturns like this.. every single bear market contains mini-bull markets, swing traders ( as in 4-5 days) can make lots of money. it is NOT priced into the market, because that is the market trying to find a price.. it is not easy in a chaotic situation like we have.
I leave that shit to my hedge fund managers Originally Posted by Slitlikrslit this isn't a knock on you personally-you may be doing great-but hedge funds are one of the biggest scams ever. they take as "commission" (in dice it's called the vig) 2-20% of funds invested regardless of performance. i want that gig-heads i win, tails you lose..
slit this isn't a knock on you personally-you may be doing great-but hedge funds are one of the biggest scams ever. they take as "commission" (in dice it's called the vig) 2-20% of funds invested regardless of performance. i want that gig-heads i win, tails you lose.. Originally Posted by pxmcc