Y’know, I’ve been hearing that drumbeat for well over a decade. News doesn’t sell if it isn’t bad. Eventually the Boys Crying Wolf will be right, but it certainly won’t be because of their prognosticating accuracy. The market has long stopped making sense.
You cannot know what the market will do, and if you can figure it out, it’s already too late. If you want to assume the parent comment will actually lose money because they didn’t put stops in place or whatever, fine. My comment is still correct: If you sell above purchase price + fees and gains taxes, you don’t “lose” money. The rest is just making stuff up.
I never said your previous statement was incorrect, and I never said investing is a bad idea. I was specifically talking about investing in overinflated companies. I am myself buying diversified ETF shares every month and will continue to do so.
Y’know, I’ve been hearing that drumbeat for well over a decade. News doesn’t sell if it isn’t bad. Eventually the Boys Crying Wolf will be right, but it certainly won’t be because of their prognosticating accuracy. The market has long stopped making sense.
You cannot know what the market will do, and if you can figure it out, it’s already too late. If you want to assume the parent comment will actually lose money because they didn’t put stops in place or whatever, fine. My comment is still correct: If you sell above purchase price + fees and gains taxes, you don’t “lose” money. The rest is just making stuff up.
I never said your previous statement was incorrect, and I never said investing is a bad idea. I was specifically talking about investing in overinflated companies. I am myself buying diversified ETF shares every month and will continue to do so.
Good luck.