Home › Forums › Financial Markets/Economics › when to buy into 401k?
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peterb.
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October 14, 2008 at 12:43 PM #14210October 14, 2008 at 12:58 PM #287219
meadandale
ParticipantRemember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.
Market timers rarely do well in the market.
Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.
If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.
That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.
October 14, 2008 at 12:58 PM #287566meadandale
ParticipantRemember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.
Market timers rarely do well in the market.
Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.
If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.
That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.
October 14, 2008 at 12:58 PM #287561meadandale
ParticipantRemember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.
Market timers rarely do well in the market.
Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.
If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.
That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.
October 14, 2008 at 12:58 PM #287518meadandale
ParticipantRemember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.
Market timers rarely do well in the market.
Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.
If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.
That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.
October 14, 2008 at 12:58 PM #287535meadandale
ParticipantRemember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.
Market timers rarely do well in the market.
Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.
If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.
That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.
October 14, 2008 at 1:03 PM #287224peterb
ParticipantIf you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.
October 14, 2008 at 1:03 PM #287571peterb
ParticipantIf you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.
October 14, 2008 at 1:03 PM #287567peterb
ParticipantIf you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.
October 14, 2008 at 1:03 PM #287523peterb
ParticipantIf you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.
October 14, 2008 at 1:03 PM #287540peterb
ParticipantIf you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.
October 14, 2008 at 1:47 PM #287586sdrealtor
ParticipantYou dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.
October 14, 2008 at 1:47 PM #287582sdrealtor
ParticipantYou dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.
October 14, 2008 at 1:47 PM #287555sdrealtor
ParticipantYou dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.
October 14, 2008 at 1:47 PM #287239sdrealtor
ParticipantYou dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.
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