Thread: Money Investing megathread extravaganza
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Old 04-08-2019, 06:09 AM   #2785
Hog's Gone Fishin Hog's Gone Fishin is online now
Fish are scared of me
 
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Join Date: Nov 2001
Casino cash: $1330477
Quote:
Originally Posted by lewdog View Post
That's what everyone says.

Until you realize you can't predict the bottom. So how do you know when is a good time to buy in....or if you're buying into a falling knife in a bear market vs a quick rebound?

You never know and if you did, you'd be rich.

My long term retirement funds are mostly indexed, in which I re-balance a few times a year as needed. I will swing trade good companies in my brokerage account though. Buy on a dip when I think I can see support. Sell for a quick 3% gain. Then go find another. I originally would try to find a smaller stock to try to make a greater profit on. Sat/Sold too much for loses looking for the golden ticket. Sticking to trading major companies is much easier if you realize small gains can be useful.
Looks like you and I both got smart.
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