Yeah and people are going to lose even more by DCA'ing on the way down. We keep telling them that Nasdaq took literally 16 years to recover from March 2000 peak but they don't listen. And it didn't bottom out until Sep 2002. And just looking at the index is deceptive because many of those tech companies went bankrupt.
Boiler Room: The Official Stock Market Discussion
Yeah and people are going to lose even more by DCA'ing on the way down. We keep telling them that Nasdaq took literally 16 years to recover from March 2000 peak but they don't listen. And it didn't bottom out until Sep 2002. And just looking at the index is deceptive because many of those tech companies went bankrupt.
Risk is a part of life. Nothing worthwhile comes without it. You're right it could be 16 years. Hell it might never come back in our lifetimes but there's another side to that as well. If you can't take the risk then the sidelines is the best place for you. I'm investing money I don't need and don't plan to spend for a long time. I can wait.
It’s a bad risk to take if you haven’t studied bubbles. Yes, it’s impossible to detect the exact bottom. But historically speaking, it’s wise to wait for indexes to fall by 40-50% before re-entering in a major way.
dora_da_destroyer
Master Baker
lost a whole lotta money in this mothafukka …bia bia
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BlaxOps
Pro
50% from highs or current levels?
Cause big money, the people that have the power/capital to make things move are still pushing everything down, trying to force people out of their positions. One day this will end, and lots of people will have been scared away and taken advantage of
Cause big money, the people that have the power/capital to make things move are still pushing everything down, trying to force people out of their positions. One day this will end, and lots of people will have been scared away and taken advantage of
Lol besides a few outliers “big money” has the same psychology and behavioral biases as retail.
tiger global managment (~100b in assets) are down ~45ish percent ytd.
Retail and “big money” in the same boat.
naw man, i’m talking market makers, Big, BIG money.
and even some of the smaller “big” money that may be down, are super ok with things continuing down. They will always get a better price than retail when it eventually bottoms. This is just fuel for the recovery to a lot of them.
Safest bet would be from current levels, especially for the higher-risk indexes like Nasdaq.
humminbird
Veteran
50 basis points
You think Tesla will fall due to everything else crashing, or you hating on Tesla as a company? Elon can be a weirdo, it still doesn’t stop what’s been created at Tesla and the talented people they have working for them.