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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266


Problem is when it tumbles it will go fast and you will lose ...


a lot of your gains before you have a chance to move them.

It took me 25 years before I realized it is perfectly ok to sell something that is doing great in order to buy something that currently sucks. After all, the strategy is 'buy low, sell high' and that is exactly what you are doing. The strategy of 'Buy at the bottom, Sell at the Top' will kill you every time! I have been selling stocks and buying bonds slowly since August and I am ok with it. I am still 70% in stocks and I have already locked in a lot of gains. I didn't get the top/bottom but you never will. I will probably sell some more next week.

(In response to this post by EDGEMAN)

Posted: 11/30/2017 at 11:47AM



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Current Thread:
 
  
Dow 23k we hardly knew you. Onward and upward ... -- vt90 11/30/2017 11:01AM
  I did, too, put about the same in less risky funds -- WestyHokie 11/30/2017 12:56PM
  I felt the same way, but... -- EDGEMAN 11/30/2017 12:17PM
  Hope youngsters are putting money into the market -- EDGEMAN 11/30/2017 11:47AM
  UHG stock @ $226.20... -- banishedtothelounge 11/30/2017 11:40AM
  Stockmarket and Bitcoin..which one implodes 1st? ** -- capitals1 11/30/2017 11:20AM
  Checked this morning, +26% YTD, +23% 1-year -- Burruss Writer 11/30/2017 3:51PM
  Re: Is your -- Naelbis 11/30/2017 7:42PM
  My biggest fund is stock heavy - loving this run! -- EDGEMAN 11/30/2017 11:32AM
  If I were 30 or 35 I would be too ... -- vt90 11/30/2017 11:34AM
  Then you should shift funds as it goes up. -- EDGEMAN 11/30/2017 11:55AM
  Would you've my wife a call??? "Needs to know"...... ** -- DonHo-kieHi 11/30/2017 12:26PM
  You can handle it. -- EDGEMAN 11/30/2017 12:41PM
  Go baby go! -- EDGEMAN 11/30/2017 11:06AM
  Concur. -- EDGEMAN 11/30/2017 11:30AM

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