The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
However FENDER,
"had you taken my advice 20 days ago tell the room how much wealthier you would be today"
You cannot come to a conclusion based on 20 days data on a small number of shares. I have been investing for many years and make on average 12%, some years I have lost 20%, others I have made 40%.
"I have done my best to keep it simple for you to understand but have come to the conclusion you are just thick!"
A bit insulting ! I may well be thick although I have a degree in economics, I am a qualified accountant and I have been a financial director in a major supermarket so I suspect that I am better qualified to make investment decisions than you.
STUMPY
"Owls, sorry shoud have read more of the posts. You're assuming from what I can see investing in/trading a single market. That's not actually what I do."
I appreciate your response and good luck with your strategy. My basic argument is that you cannot time the market and in the long term you are better off being in the market rather than being in cash, especially if you can pick shares that do better than the market.
FENDER
"Only a paper loss . This is a nonsense saying. When someone post a gain of 2k on a stock they never end their brag with AH! it’s only a paper gain !"
Believe it or not I totally agree with you. People claiming they have not lost money because they haven't sold their loss making shares are deluded.
I think you are looking for conspiracies where they don't exist. Chill.
STUMPY,
"I was intrigued by your claim If you move to cash, wait for a market to drop 'you say 25%' then move back into that market, it's a no brainer that it's better than riding it from high to low and hoping it'll go higher"
It seems too good to be true and unfortunately it is . You would be waiting a long time to invest.
For instance if you were in cash at the start of 1988 it would be 13 years before the market fell by 25% from it's maximum. During that period the market had rised by 196%.
The same applies if you were in cash at the start of 2009 it wouldn't be until the pandemic of 2020 that the market fell by 25%.
Fender, are you serious ?
You expect the movement of one share over a matter of weeks is sufficent evidence to justify your theory.
I am sure that the statisticians and economists amongst us find that highly amusing.
FENDER, STUMPY, the old adage, it is time in the market not timing the market.
"Wait wait for a market to drop 'you say 25%' then move back into that market, it's a no brainer that it's better than riding it from high to low and hoping it'll go higher".
Do you have any facts to back this "no brainer" ?