Sanrith Descartes
Von Clippowicz
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Investing General Discussion
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Sanrith Descartes
Von Clippowicz
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Khane
Got something right about marriage
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Now I just need Jim Cramer to say this and I'll be back in the green baby!!
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Sanrith Descartes
Von Clippowicz
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Sanrith Descartes
Von Clippowicz
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Tmac
Adventurer
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Aldarion
Egg Nazi
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Ever see a comedy skit that refers to like some movie or TV show you've never seen or heard of? Thats the experience I'm having right now WRT the blue text comment. I know from experience that if I ask I'm gonna get even more confused so I'm just gonna leave it alone.
Tmac
Adventurer
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iPhone text shows blue to other iPhone users and there's a ton of neat features for text threads.
If an Android user joins the mix it fucks it all up, there's no longer any cool features, and their text shows up green.
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ShakyJake
<Donor>
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Tmac
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Sanrith Descartes
Von Clippowicz
- 41,593
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Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Sanrith Descartes
Von Clippowicz
- 41,593
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Curious what some of the old hands here think of this vid by Heresy Financial:
It elucidates really well the sentiment I've had about 'market timing' vs the 'stonks always go up mentality'. Though maybe even that isn't phrasing it quite correctly. As an example he mentions the 20+ year run after the crash of '29 it took to get back to the price you were at in 29. Thinking in such geologic timeframes isn't useful for the individual. The dotcom crash is another one, it took 13 years to get back to those levels, and if you adjust for inflation and things like money printing it looks even worse.
Not sure I have an overall point here other than a big fat frowny face though... so, yeah.
It elucidates really well the sentiment I've had about 'market timing' vs the 'stonks always go up mentality'. Though maybe even that isn't phrasing it quite correctly. As an example he mentions the 20+ year run after the crash of '29 it took to get back to the price you were at in 29. Thinking in such geologic timeframes isn't useful for the individual. The dotcom crash is another one, it took 13 years to get back to those levels, and if you adjust for inflation and things like money printing it looks even worse.
Not sure I have an overall point here other than a big fat frowny face though... so, yeah.
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Big Phoenix
Pronouns: zie/zhem/zer
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Nvds does look attractive.
Curious what some of the old hands here think of this vid by Heresy Financial:
It elucidates really well the sentiment I've had about 'market timing' vs the 'stonks always go up mentality'. Though maybe even that isn't phrasing it quite correctly. As an example he mentions the 20+ year run after the crash of '29 it took to get back to the price you were at in 29. Thinking in such geologic timeframes isn't useful for the individual. The dotcom crash is another one, it took 13 years to get back to those levels, and if you adjust for inflation and things like money printing it looks even worse.
Not sure I have an overall point here other than a big fat frowny face though... so, yeah.
I think its just another aspect of being lucky.
No different than being born in 1925 and youre entire childhood consisting of the great depression then ww2 v being born in 1945 and your childhood consisting of our goldenage.
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Gravel
Mr. Poopybutthole
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Curious what some of the old hands here think of this vid by Heresy Financial:
It elucidates really well the sentiment I've had about 'market timing' vs the 'stonks always go up mentality'. Though maybe even that isn't phrasing it quite correctly. As an example he mentions the 20+ year run after the crash of '29 it took to get back to the price you were at in 29. Thinking in such geologic timeframes isn't useful for the individual. The dotcom crash is another one, it took 13 years to get back to those levels, and if you adjust for inflation and things like money printing it looks even worse.
Not sure I have an overall point here other than a big fat frowny face though... so, yeah.
Didn't watch the video, but the flaw in that reasoning is that the amount of people that lump sum in at the very top and sell at the very bottom is so small it's also probably non existent.
If you were investing at all during the in-between periods, you did well.
Similarly, take someone who retired at the peak in 2001, which is a very likely scenario. Hopefully they didn't just fucking sell everything at the bottom. Yeah, it sucks that it took a decade to get back to when they retired, but they then also had the largest bull market ever right after.
It's also why the worst years for retiring are actually the 1960s. Inflation fucking hurts bad.
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