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/biz/ - Business & Finance

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17988429 No.17988429 [Reply] [Original]

NOOOOOO YOU TOLD ME DOLLAR COST AVERAGING INTO AM INDEX FUND ETF WAS FREE 7% A YEAR NOW IM DOWN 30%

>> No.17988487
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17988487

youre going down another 30% friend

>> No.17988532

no you chucklefuck.

if you would listen to this board is 50/50 bears and bulls. the bears have been saying the market has been overvalued for years now.

covid was the trigger. but there was always going to be a sell off.

https://www.multpl.com/shiller-pe

look at that fucking chart. it's range bound. duh. there could still be more downside to go. i hope you didn't fucking buy all in one go. cuz then you're fucked. to catch a falling knife needs steady hands and deep pockets. you'll need to double down for each successive buy to appreciably lower your cost average.

>> No.17988572

>>17988429
>>2020
>>listening to bulls
we warned you bro

>> No.17988746

The Dow is at 19k currently.

It could reach 30k this time next year. Or it could reach 8k this time next month. Nobody knows. It's gambling.

>> No.17988773

>>17988429

But that literally doesn't make sense. If you DCA'd for 5 years you would be in the green still retard.

>> No.17989018

>>17988429
there have been worse years before it's an average sometimes you get -30% sometimes you get +60%

>> No.17989032

>>17988429
>he feel for the DCA index funds meme
Top kek

>> No.17989136

>>17988773
not for long, 5-10 years of gains are about to be wiped out.

>> No.17990042

>>17989032
AWOOOOO

>> No.17990664

>>17989136

Except that we can DCA through the entire bear market you fucking idiot.

>> No.17990765
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17990765

>>17988429

>> No.17990883

>>17988746
>Or it could reach 8k this time next month
thats a certainty

>> No.17990907
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17990907

>>17988429

>> No.17991126

>>17990907
Vanguard financial "gurus" and "pundits" BTFO

>> No.17991258

>>17988429
should have been DCA'ing into ARPA
you still have time

>> No.17991289

>>17988773
>JUST DCA FOR 5 YEARS BRO

>> No.17991601
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17991601

>>17988532
Shiller Ratio over 17 means overrated right?

>> No.17991683

>>17991601
Shiller ratios and valuations have not generally been helpful in determining stock market tops and bottoms.

>> No.17991781

>>17991683
Tops and Bottoms no. But what about general signals for sell/buy?

>> No.17991821

>>17988429
if you're investing for retirement, you don't need to worry.
if you want to sell anytime in the next 3-5 years; you're fucked

>> No.17991945

>>17990883
it'll keep going down for sure, but i dunno about a ~70% drop total. That wouldn't even be a return to the pre-dotcom mean that we've been wildly overshooting the past two decades. I would call 15k, 10k minimum.

at least, if you go off the patterns of previous recessions, which this might not be the same as, the sell-offs start slowing down around here after sustained panic sells. that's sort of already been happening this week.

>> No.17992054

>>17991821
the communists are going to seize our 401ks and put us in camps and work us to death.

>> No.17992171
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17992171

>>17988429
yeh it is fucked anon, I'm down easy 30% overall. But i wasn't complaining when I was 25% up and things were going smooth. That is the risk you take for the returns. If you don't like the risk, then chuck all your money in a bank and earn close to 0% interest.

>> No.17992334

>>17990664
WITH WHAT JOB??? HAHAHAHAH

>> No.17992362

>>17991781
the only time cape has been above 30:
-pre depression
-pre dotcom bust
-current bust

cape is useful for extreme tops and bottoms. go ahead and believe the "can't time the market" meme if you want. accumulating at 10 - 15 is reasonable. just be prepared for more downside. mean reverting events are not precise. they overshoot in either direction.

>> No.17993089

>>17988429
Hebpount of index etfs is to get rich over a long time horizon. They should be used for building a retirement fund relax in ten-yeas you'll be laughing about all this. Well if you don't die from covid first.

>> No.17993127

>>17991945
Speaking of dotcom, California alone said they could have over a million dead.

They're going to have to halt trading.

>> No.17993795

>>17988429
It's a long term strategy. The market always recovers unless civilisation breaks down. May take 5 to 10 years but eventually we will hit new all time highs.

>> No.17994173

>>17988429
>stock only go up for 10+ years
>haha stock only go up
>crash
>:(

>> No.17994185

>>17993795
>new all time highs
bro, we hit these highs due to inflation

>> No.17994413

>>17988429
>Buying into a shit fund despite their trading strategy going bankrupt time and again throughout history...

You faggots really should learn to read.

>> No.17994445

>>17988429
At least on the bright side after you experience the next -70% in the following months you will finally be able to trade without your emotions getting in the way !

>> No.17995005

Yes let's buy a hyper-inflated stock. Inflation rates can't even surport the 7~10% increase, are you an absolute idoit?