/biz/ - Business & Finance

>>8707479
MY STOX

I love this. If we are going to lose, then we’ll all die together.

>>8707500
It’s OGRE

>>8707479
>”bro don’t try waiting until the stock prices go down, buy your stock now while it’s a the all time high and wait.”
>”your waiting for a crash? The most successful investors buy and hold for 10+ years”
Anybody else run into these people? People were telling me to buy all sorts of stock while they were exorbitantly high in price.

All these people buying stock at the height of their prices. I don’t know why people buy at the highest a stock’s been in years unless the company is for sure expected to increase in real value.

>>8707624
because usually stocks goes higher and higher and stocks crash once every blue moon.people like to stick with the trend but then forget that trend can change in a matter of few days.thank god i got out literally at denial,losing only 1%

criptofags are in the same state but on the bear side "we are going to 0!!!!"

Lol, DOW dropping 50% would literally be worse than depression levels, you're delusional if you think that's gonna happen

>>8707711
When the price to earning ratio is very high and after massive value growth in any companies anyone should be weary. But you are correct, in a ten year span, you will have maybe a year or two where your down, but the rest will be positive gains.

>>8707806
I think everyone would agree on that

>>8707869
Wrong. If you bought stocks in 2008 you would have waited 5 years for them to recover

>>8707624

because market timers miss all the gains. its been proven statistically study after study

the best approach is to figure out an allocation and buy every month no matter what happens

>>8707806
y-yeah ah-ahah it will never happen r-right ? (nervously shaking)

>>8707806
oh boy you are in for a BIG surprise

>>8707978

if you accumulated during those five years you would be in lamboland today

>>8707479
kek get smashed faggot crypto is for the win

>>8708008
>Past performance does not guarantee future results

Bought SQQQ. Made $100 today so far

>>8707995
buying every month is a market timing strategy too. it works well on long uptrends, not in long down trends such as nikkei's 30 year downtrend. in european indecies similar future is not out of question

>>8707624
pension funds etc. must invest you cant keep it cash and rates are so low you barely keep up with inflation. money must go somewhere

>>8707995
Dollar cost averaging is deh whey?

>>8708051
99% chance is not a guarantee no

>>8707978
That’s also true. But I was looking at the averaging beteeen 1929 to 1991~ a span of 60 years.
You bring up the most important point though, people don’t connect with it for some reason, that the market is not predictable when it comes to to following past trends.

>>8708051
no shit professor, what does it have to do with me though u faggoy

>>8707995
That’s what I was actually looking into, have you been doing that? How’s it looking?

Don't worry, whales are just shaking out weak hands

>>8708051
As the investment base grows wider and less dependent on professional handlers, charts like that have more power. When the vast majority of the money is dumb and lacks the grounding to understand what's happening, a chart backed by past performance is primed to go viral. With boomers, it'll be slogans like "History Repeats", "Just look at the charts", and other shit that makes them feel in control.

The only thing that might confuse the process is the prevalence of ETFs and some memes about "Time in the market beats timing the market". If that thinking takes hold and the real estate market starts bleeding, maybe they won't liquidate en masse.

>>8708090
i want to hear opinion about that too because to me Dollar cost averaging is a terrible strategy in a bull market but then again it's a strategy for people that dont or cant follow the market

If trips we enter a recession and bored investors pump the crypto market

>>8707479

>>8708368
How is it that humans are so predictable? What causes this?

>>8708498
everyone following the same chart and math probabilities with listed diferent phases (media attention etc...)

>>8708498
Its because those tops are being formed by retail investors jumping aboard because WOW look at all the green numbers!
Smart money gets out, and retail investors baghold.

Its not as much that its predictable its that retail investors have no clue what the fuck they're doing and get beaten by people who do.

>>8707479
NO BAILOUTS

>>8708772
Seriously these fucks don't deserve another bailout. They slept in the bed they better make that shit

>>8708229
Kek

>>8707479
should I sell im getting worried

>>8709685
dont worry bro its already recovering

You people are fucking idiots. NASDAQ dropped 15-20% in 1997, yet went onto the greatest bull run for another 3 years after that. If you followed this meme chart, you would have missed out on massive gains.

That being said, I do agree that this market doesn't have much steam left it in, but I still give it another 2-3 years. They probably want to wait until Trump runs in 2020 before fucking him over with a market crash.