Quote:
Originally Posted by RCZ
Unfortunately what you are telling me now is the same thing I wouldve told you a month ago.
I know you are trying to help, but you know that broad market sentiment is just that. Its a little frustrating, but rules are rules  |
Everyone keeps waiting for that correction that's supposed to happen. There is so much money on the sidelines just waiting to pour in, but they never get that 10 or 20% down they keep expecting.
It's frustrating, and as much as I hate to say it, we are working our way into a "new normal."
IMO your best bet is to go long... build a diversified portfolio and just dollar cost average your *** into retirement. I look at returns on some of the mutual fund buys I made back in feb/march/april and just
wish I had gone all-in!
There are some stock trades I really wish I was able to get in on. Some I was watching closely but never pulled the trigger... and we're talking trades where the first thing I would have done was buy a GTR when I closed out. Missed some big opportunities because of either work conflicts or just being a nanny... but still it's hard to argue with being up 60% for the year thanks to some well timed mutual fund buys.
Still waiting for the big fish... the trade that is going to secure my very early retirement. Aren't we all, though...
