Toronto Escorts

Anyone think it's time to cut their losses?

Charlie_

Well-known member
May 6, 2022
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Of course there are more losses ahead, but no one can time the market. the recovery could start the moment you sell
If you are wrong, you buy back in, gradually. You have as much chance of being wrong as you have of being right. You can't time the market, but you can protect your money. Good luck, everyone! But don't say I didn't tell you so!
 

Gstep

Well-known member
Dec 15, 2018
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Last year I had my best year ever making about 22% overall while maintaining about 35% in cash and bonds and preferred shares throughout. This year I am hanging on to my cash of about 20% and got rid of all of the bond funds/etfs a few months ago.

This year down about 10-11 % which I had been expecting at some point from the beginning of 2021. The problem is knowing when. One big problem with selling out is that it may now be too late or nearly too late with most of the damage already done. But the bigger problem is if you are out and the market recovers and gains 10 or 15% in a hurry you will probably be on sidelines and stay on the sidelines feeling that you missed out.

Remember that approximately 70% of years the market goes up, about 30% it goes down.

IN my lifetime the crash of 1987, the financial crises of 2009 and the pandemic crash of 2020 all resulted in very fast losses of 30-35% and in every case those losses were completely recovered within a year or less.
This.

Yes if you time it right and sell before a crash and buy in after the drop you stand to make huge profits. But the chances of that is like 25% First you have to time the top right and then you have to time the bottom right. It's safer just to stay in and ride it out dispite how bad things might look at some points.
 

angrymime666

Well-known member
May 8, 2008
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so far I really havent lost anything. some up, some down but they seems to even each other out. I think its because I have oil and utilities as a larger portion of my portfolio. I have since last month discontinued investing in my cash account but continue to dollar cost average my rrsp that contain index funds. Im down about 5-10% in the bond fund and international.

Im waiting for the banks to drop. as the rates creep up they will be lending less which of course will affect the profitability and not hitting quarterly projections.
 

Charlie_

Well-known member
May 6, 2022
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There may be a reprieve tomorrow, from the sell-off, but get ready for another big sell-off on Wed when the Fed announces a probable 75 bps interest rate increase.
 

NotADcotor

His most imperial galactic atheistic majesty.
Mar 8, 2017
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If you didn't sell last month, or today, you will sell tomorrow, next week or next month.
Well duh, until escorts start taking stocks instead of cash yeah I will eventually sell. You see when you sell shares you get money, which can be exchanged for goods and services like peanuts.
However I won't be selling anytime soon unless it's to replace one stock with another.

The advice from a random guy on the internet is no worse than that from the dozens of financial analysts who all disagree with each other ;):ROFLMAO:
You can't predict the market, but you won't get your face on TV or sell newsletters or whatever they do by saying just buy the index and hold brah. It's like those people in the fitness world always trying to find new and weird things to push because the basics have already been done and it's boring.

Also if you don't know the difference between considering a range of advice from professionals who actually explain in detail their reasoning vs taking some advice from some rando on the internet.... sell brah. You are a very silly individual and not worth engaging in.
Very silly indeed. Time for something decent and military.

 

Charlie_

Well-known member
May 6, 2022
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Well duh, until escorts start taking stocks instead of cash yeah I will eventually sell. You see when you sell shares you get money, which can be exchanged for goods and services like peanuts.
However I won't be selling anytime soon unless it's to replace one stock with another.



You can't predict the market, but you won't get your face on TV or sell newsletters or whatever they do by saying just buy the index and hold brah. It's like those people in the fitness world always trying to find new and weird things to push because the basics have already been done and it's boring.

Also if you don't know the difference between considering a range of advice from professionals who actually explain in detail their reasoning vs taking some advice from some rando on the internet.... sell brah. You are a very silly individual and not worth engaging in.
Very silly indeed. Time for something decent and military.

I hope you lose your shirt :LOL:
 
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Charlie_

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May 6, 2022
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I suggest using today's small bounce back to cash out and buy energy stocks. That's the only sector going up, these days!

They'll be blood in the streets, tomorrow!!!
 

Carvher

Well-known member
Apr 13, 2010
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You want more stocks on the way up than you had on the way down. Timing bottom is difficult. Last move down is factoring likely hood of 3\4 rate hike.
Gotta figure getting close to bottom tho.
I sold some tech long ago and bought oil stocks but have still lost alot on remaining teck I held, seems stupid to sell now, might as well rude it out. Oil has been a good place to hide.
 
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Anbarandy

Bitter House****
Apr 27, 2006
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You want more stocks on the way up than you had on the way down. Timing bottom is difficult. Last move down is factoring likely hood of 3\4 rate hike.
Gotta figure getting close to bottom tho.
I sold some tech long ago and bought oil stocks but have still lost alot on remaining teck I held, seems stupid to sell now, might as well rude it out. Oil has been a good place to hide.
Why do you figure that?

A 20% deflation of the pumped up on a decade and a half of the "FED's free, easy and loose monetary policy and QE" asset bubble in this inflationary/still low interest rate environment and super tight labor market does not equal "getting close to the bottom.
 

Grist

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Aug 8, 2017
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I bought crypto and am down 78%. I am keeping the investment because I expect a generous return in about 60 years.
 
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Charlie_

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May 6, 2022
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Another brutal day! Oh, well, the markets will recover in 2-3 years, hopefully?
 

Fun For All

Well-known member
Feb 9, 2014
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Situation seems to be getting worse. Losing bigly. NVDA Microsoft. Apple. Royal Bank. all tanking. Is it time to admit defeat and get out?
My guy, who has never let me down, says this will continue thru the summer and as always has done in the past, regain all the loses back.
 

Robert Mugabe

Well-known member
Nov 5, 2017
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My guy, who has never let me down, says this will continue thru the summer and as always has done in the past, regain all the loses back.
I am shorting NVDA in a timid way. As somebody said "how can you short the market when it's already down?"
 
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