Originally Posted by RunKC:
Feel like I need to keep a list of well run companies with good history and buy in when they dip and start to come back up.
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful. [Reply]
Originally Posted by lewdog:
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful.
Originally Posted by lewdog:
That's what everyone says.
Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?
You never know and if you did, you'd be rich.
My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful.
That’s true. I’m very picky about which one to purchase though. I mean c’mon. There was a great bull market in December.
Amazon was down 3k and they are ****ing Amazon. They rule the world. Easy to see they would go back up.
And they are up roughly 32% since that dip. Sheesh [Reply]
1. Extreme euphoria (Not even close)
2. Unseen world crises like a Iranian Silkworm missle hitting a US tanker in the gulf (Mostly impossible to predict)
IMHO the market continues to "climb the wall of worry". [Reply]
Originally Posted by Groves:
Been teaching my kids about compounding interest. With rates these days I can’t even expect them to get excited about interest from their savings.
Not really wanting to put money into indexed funds.
Where does one “shop” for fixed rate investments?
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CD's are your best bet then.
Ally bank online has competitive rates and some no penalty CDs for low entry cost. I'd look there. [Reply]
