QUOTE(plumberly @ Aug 23 2018, 10:19 AM)
Plan to clear most of my stocks in the next few months before the coming crash. Did some analysis to help in my decision making later.
Appreciate feedback on things I over looked etc in my analysis.
Assume 4-6% pa growth and 20-30% drop in price during the crash, it will take 3-4 yrs for the price to recover.
Instead of wasting the 3-4 years for the price to recover, won't it be better if I sell out before the crash, put that money in FD etc. That is, a positive net gain during the 3-4 years.
I know this is too idealistic but what have I done wrong?
Yes, I do not have a crystal ball to know when it will crash. But a crash WILL happen. Just a matter of time.
Appreciate a constructive feedback/discussion. Thanks.
P/S I think I put this in the wrong place. Should be in the discussion section. Can someone help me to transfer it? Or tell me how to? Thanks.
Bull Market Hits a Milestone: 3,453 Days. Most Americans Aren’t at the Party.Appreciate feedback on things I over looked etc in my analysis.
Assume 4-6% pa growth and 20-30% drop in price during the crash, it will take 3-4 yrs for the price to recover.
Instead of wasting the 3-4 years for the price to recover, won't it be better if I sell out before the crash, put that money in FD etc. That is, a positive net gain during the 3-4 years.
I know this is too idealistic but what have I done wrong?
Yes, I do not have a crystal ball to know when it will crash. But a crash WILL happen. Just a matter of time.
Appreciate a constructive feedback/discussion. Thanks.
P/S I think I put this in the wrong place. Should be in the discussion section. Can someone help me to transfer it? Or tell me how to? Thanks.
The party has been going for more than a decade. But a lot of Americans haven’t been celebrating.
Stocks crossed a major threshold on Wednesday, when the 10-year-old bull market arguably became the longest on record.
It ranks among the great booms in American market history. The Standard & Poor’s 500-stock index has soared more than 320 percent since emerging from the rubble of the financial crisis in March 2009, creating more than $18 trillion in wealth.
https://www.nytimes.com/2018/08/22/business...pe=sectionfront
Stock market correction is a matter of when not if. if you don't feel comfortable with current market then sell. during bull run, most if not all herd are blinded by greed.
Aug 23 2018, 04:04 PM

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