Comments on: Let’s play a game…

By: J. Money

J. Money — Mon, 13 Apr 2020 12:32:35 +0000

In reply to Steveark. Are you taking on new clients? ;)

By: Steveark

Steveark — Sun, 12 Apr 2020 18:18:44 +0000

I beat it three out of four times, and it is fairly easy to beat if barely beating the market is your goal. I just sold when the market hit 110% the very first time and then bought the first time it dropped to below 110%. Then I never traded again. Most of the time in a normal market almost any time in history that works, but only if you stop trading for the rest of the game. I only slightly beat the market but I did beat it most of the time. I also only beat the market by a fraction of a percent, but my goal was just winning.

By: Tina

Tina — Fri, 06 Mar 2020 22:11:42 +0000

In reply to J. Money. It does seem awfully greedy to hold out for that extra million when you put it that way.... :)

By: J. Money

J. Money — Fri, 06 Mar 2020 19:15:10 +0000

In reply to Ryan Schlomer.

That’s right… And then it’s that 3rd time when you bet the farm and your cocky pants come flying right off ya, haha….

By: J. Money

J. Money — Fri, 06 Mar 2020 19:13:43 +0000

In reply to Scott. Haha YUP.

By: J. Money

J. Money — Fri, 06 Mar 2020 19:13:27 +0000

In reply to GJ.

I get it!!

And exactly why I dumped all my retirement stuff in the day after that first drop thinking I was so smart, only to then watch it continue to fall, lol….

Always so hard to tell when is the *best* but I do think generally you’re better just putting it all in and letting it ride since long term it’s all going to be working in your favor… You might just come away with $9,000,000 instead of $10,000,000 ;)

By: Ryan Schlomer

Ryan Schlomer — Fri, 06 Mar 2020 11:44:05 +0000

Just like in really life, some people will beat the market and think they are geniuses. They might even do it a couple times in a row!

Once in a while I can win a coin flip. Sometimes I can win twice in a row.

By: GJ

GJ — Thu, 05 Mar 2020 21:10:31 +0000

In reply to Tina. This is me too! We cashed out some Traditional IRA funds to convert them for tax purposes but now need to reinvest in our Roth IRAs and I'm feeling all kinds of jumpy about the ifs/whens.

By: Scott

Scott — Thu, 05 Mar 2020 19:50:03 +0000

In having to think quickly about what decision to make, I keep messing up and selling when I think there’s a trough instead of a peak. I can’t keep my head on straight!! Buying and holding is definitely easier.

By: Tina

Tina — Thu, 05 Mar 2020 15:49:35 +0000

I’m on the flip side….it’s annual bonus time so I’ll have a larger sum of cash on hand soon. Do I dump it all in at once? What if the market drops more? I’ll miss out on even cheaper buys! Perhaps I’ll split it up and invest 25% over 4 days. Maybe I should do each 25% weekly. This could be the beginning of the next big crash and I want to put my cash in at the lowest possible point. Does that hoarding some now to wait? But what if I wait and then the market jumps back up in a day and I miss it? Or I dump it in quick so I don’t miss it, but then it repeats a drop, but in double time! (I’m sure I’ll dump it all in as soon as I get it, but these are my daily thoughts during the anticipation time)