Originally Posted By: Drew99GT
Originally Posted By: ZeeOSix
Originally Posted By: Gasbuggy
Though judging by your post count you don't get out much, probably not an ideal sample of normal.
Gasbuggy ... don't make this personal with me, and keep your personal attacks to yourself. Give it time, and we'll all see who's more right than wrong.
Ahhhhhhhhhh, the great refuge of the bear. TIME. (which ironically is exactly what makes long term savers/investors rich...
) So the market historically goes up with an average CAGR of roughly 8% with periods of crashes, corrections, and volatility that any investor with half a brain knows will occur, but WHEN those crashes occur, and you've proven you can't even remotely time them, YOU are the one who's right???
The preson who is more right is the one who has more money in retirement. Period, end of story, that is the entire point of the exercise, and when you sit on the sidelines in fear of the next crash, you're time value of money is getting obliterated.
Don't worry, I've done plenty well over the years - zero worries about cash flow in retirement. All I'm saying is don't get your hopes up too high or you'll end up with your pants down when you least expect it. There is nothing wrong with being cautious with your investments. People who get too nuts with trying to beat the market all the time usually end up the biggest losers. If people have the actual skill to time crashes well, then that's great, but nobody is perfect at it. In the end, it all comes down to how much you're willing to risk and lose instead of wanting to make.