Current Events > If you confidently think the market will go up, down, or pull your money out

(+) Yeah! (+)

BignutzisBack posted...

You're a fucking dumbass fyi

Reading about people who pulled money because they swore the market would tank after the SCOTUS student loan decision. Reminds me of the people who pulled their money at the start of Covid only to watch massive gains pass them by.

i dont think either either are bad positions. I think in the future expect 3 months of money printing degeneracy in the economy then pull out, but still pull out

Please give us more of your financial hot takes.

whitelytning posted...

Please give us more of your financial hot takes.

No hot take, it's factual that anyone who thinks they can time the market or pulls their money and leave it sit in cash is a moron. I mean that in the most insulting way possible

BignutzisBack posted...

No hot take, it's factual that anyone who thinks they can time the market or pulls their money and leave it sit in cash is a moron. I mean that in the most insulting way possible

so what, holding forever is bad too, youre stating a boring ass middle ground stance we all know like its a revelation only you know

TC owns safemoon

UndefeatedGOAT posted...

so what, holding forever is bad too, youre stating a boring ass middle ground stance

You're just too slow to follow along so let me dumb it down even further for you.

-Economists can even time the market so you definitely can't.

-DCA and lump sum always beat picking and choosing when to invest in virtually every study.

If you take your money out of the market for any reason besides retirement or investing in something mostly safe like real estate you're a dumbass.

You're welcome

BignutzisBack posted...

You're just too slow to follow along so let me dumb it down even further for you.

-Economists can even time the market so you definitely can't.

-DCA and lump sum always beat picking and choosing when to invest in virtually every study.

If you take your money out of the market for any reason besides retirement or investing in something mostly safe like real estate you're a dumbass.

You're welcome

im agreeing with you, but youre awful, stop trying to frame this as if youre educating anyone

youre just a boomer uncle saying saving for retirement as good with a twist of trying to sound mean

UndefeatedGOAT posted...

top trying to frame this as if youre educating anyone

UndefeatedGOAT posted...

I think in the future expect 3 months of money printing degeneracy in the economy then pull out, but still pull out

I'm educating you since you're stupid enough to think pulling your money out of the market is a good idea. Your view is toxic, wrong, and you should be ashamed every time you try to tell a rookie investor to do the same. I agree that it should be no shit Sherlock common sense, but unfortunately we have people like you who just can't get it through their heads.

BignutzisBack posted...

If you take your money out of the market for any reason besides retirement or investing in something mostly safe like real estate you're a dumbass.

This is really the beginning and end of any long term investment conversation.

Wall Street always wins. Just try your best to retire during the upswing.

[LFAQs-redacted-quote]


https://gamefaqs.gamespot.com/a/user_image/1/5/4/AAWkzsAAEsVK.jpg

I did this successfully on accident once. They cashed out my pension from an old job and I was rolling it over into a 401k. The money got stuck in the system for like 2 months before it actually went in and I saved losing quite a bit.

BignutzisBack posted...

I'm educating you since you're stupid enough to think pulling your money out of the market is a good idea. Your view is toxic, wrong, and you should be ashamed every time you try to tell a rookie investor to do the same. I agree that it should be no shit Sherlock common sense, but unfortunately we have people like you who just can't get it through their heads.

i hope everyone pulls out of your wall street bets cringe stocks after every mildly concerning headline and youre left with nothing

you people are a cancer

bigblu89 posted...

This is really the beginning and end of any long term investment conversation.

Wall Street always wins. Just try your best to retire during the upswing.

Exactly, this is why I get so passionate about this. The fact that I can make a topic telling people to stay the course and somehow get comments saying I buy crypto or Wall Street bet stocks is stunning. Accusing me of investing in the exact opposite of what I'm championing shows you how lost some of these people are! Like how do you even get to a meme stock accusation from my post lol?

US steel is making a comeback