Jeanne - Simme Valley
Well-known member
Let's go Brandon!!!
I second that!Let's go Brandon!!!
Charles Schawb did a hypothetical on market timing of 3 investors each investing $2,000 yr for the last 20 yrs in the S&P index fund. 1 always buying the bottom every year, 1 always doing it wrong and investing all 2,000 at the peak every year and 1 dividing it into 12 purchases and investing it at the close of the 1st day each month.I had my auto buy deal set to buy S&P at 2000 during the big covid fall. It only got to 2100 or 2200. I'm kicking myself for not just grabbing it. Long term it's where I would have preferred to be.
So what's with the gut punch today? Covid crap is old scare tactic that everyone knows is BS. I mostly think computers were in control today manned by people that didn't have tenure get the day off. Couldn't handle the job. Energy takes a beating on the heels of shortage fears?
Yeah right! Something doesn't smell right today.
Dear 1982vette, Market gurus will come up with the reasons/excuses why.
I believe the markets are going to do what the markets are going to do because of the animal spirits and men will explain it away with their reasonings.
Buy buy buy.Let's go Putin. lol
The London traded Russia Dow Jones GDR Index comprised of 23 Russian stocks closed down 81% for the day today, wiping out 572 billion in value.
It was already down 17% ytd before crashing today.