No, but there are many who started investing after 2008 and who have only seen markets go up. Just as there are many who exited in 2008 after getting scalded never to return. Better to live to fight another day and all that. I agree btw that timing market tops and bottoms is impossible, but if you aren’t greedy you can avoid the worst impact of bear markets.
What is the question?
Over that time horizon you should be safe enough and should expect decent returns. Are you confident if it dropped 50% you would hang on? How about 86% like in 1929 to 1932, when it took another 22 years to get back to break even. That’s the question people have to honestly answer before proclaiming themselves as buy and hold investors.
If you are following exchange rates you are dead. Just fix a rate, do your transaction and never look at it again.
Is there actually any money to be made by an amateur in trading in shares/stock market? It seems to me the “professionals” find it hard enough to predict what way the wind is blowing and to make good returns. All you ever seem to hear is “Stocks fell, stock market crash, such and such stocks were wiped out overnight”. Makes me wonder if it’s worth the bother as seems to be nothing but bad news. Then again maybe it’s not as interesting to broadcast the good news.
Just put your money in a cheap index fund guys and do it on a regular basis. Forget trying to make a quick buck.
I know, but even though I’ve paid the deposit, and had the offer accepted on a few acres, the deal is far from finalised, so I don’t want to exchange until it’s at completion.
If you are fxing a chunk don’t use a bank anyway lad, prob a few grand to be saved in that if it’s a wedge
The selfish giant has helped me with this, for which I am very surprised and grateful. We’ve matured as a website.
Let me guess, this involves you sending him the cash in an envelope and he’ll look after it from there.
Classic Flatty.
Nah, TSG is going to drop over and drive the money across in the Porshe and park it up in Galway for him.
Went balls deep on pumpkins yesterday. They’re only going one way for the rest of the year.
The smart ballsy guys buy low, just after Halloween.
Compounding lads, the 8th wonder of the world.
US jobs and factory orders disappoint. The Fed are completely fucked now, they desperately want to raise rates but the data is now going against them.
The gun business is booming though.
The Swedes have introduced negative interest rates, I wonder are the ECB and the FED going to do something similar.
Yeah but they’re fucking turnips.
Where is Dan these days?