With inflation and a looming recession, do you move to cash or keep dollar cost averaging in?
This, it's too late to make a move. This is buying season, not selling season.aggieband 83 said:
In hindsight, I should have moved to cash this past January. My value has dropped so much I would lose money by going to cash now. I am still contributing, so my cost average is getting lower. I am just going to ride it out.
I also did this from September 2007 until March 2009. The market dropped continually during this time frame. When the market finally found the bottom in March 2009, it was an amazing ride back up.
XXXVII said:
With inflation and a looming recession, do you move to cash or keep dollar cost averaging in?
TikkaShooter said:
Wait. People still try to time the market??
MAS444 said:
Yeah it works perfectly as long as you always get out at the right time and then back in at the right time. Easy!
jamey said:MAS444 said:
Yeah it works perfectly as long as you always get out at the right time and then back in at the right time. Easy!
It works as long as you get back in at a lower price.
The only way it doesnt work is if you get out and you get back in higher.
The timing doesn't have to be anything close to perfect to help
TikkaShooter said:
Wait. People still try to time the market??
AggieDruggist89 said:TikkaShooter said:
Wait. People still try to time the market??
Isn't this what traders are doing every day, basically?
JDCAG (NOT Colin) said:AggieDruggist89 said:TikkaShooter said:
Wait. People still try to time the market??
Isn't this what traders are doing every day, basically?
Yes. And a very, very small percentage can actually do it successfully.
AggieDruggist89 said:JDCAG (NOT Colin) said:AggieDruggist89 said:TikkaShooter said:
Wait. People still try to time the market??
Isn't this what traders are doing every day, basically?
Yes. And a very, very small percentage can actually do it successfully.
So then the answer is Yes people still try to time the market.