Don’t sell anything now…for the brave ones now it’s the time to buy!!!
I always buy whatever. Every month. Just averages out in the end.
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I do that too. I buy every month.
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There is life beyond stocks. What about real state? 
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Just spoke with the bank guy. „Don’t Panik, it’s just a correction!“
The are 2 types of investor, 1 who knows he can’t time the market with any success & one who thins he can, but can’t .
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I need a ROFL emoji here, not a heart… 
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Between 1977 - 1990 Peter Lynch managed the Magellan fund that compounded at 29%, more than twice the S&P500. Basically the fund doubled every 2.5 years, however the average investor actually managed to lose money as they kept selling a volatile fund when it fell but buying it back at a higher price & selling again when it fell.
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I agree with Izzy, in fact I truly miss the rofl of EF, that actually rolled about on the screen.
And how many times did they do that until they realized? Don’t tell me; they never did.
I’ve not even checked my stock-situation yet. Why bother my peace as my late father in law used to say.
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Oh, I see. There is also the type who might want to take some profit when a downturn looks likely and/or valuations have gone very high in a particular asset class. Which doesn’t mean you could not continue buying through the dip or trough or abyss.
Problem is you will sell out months or years early & be late getting back in underperforming the market
This is from Terry Smith of why it does not work Financial Times - Market timing: don’t try this at home | Fundsmith
So this guy has never shifted his asset allocation and always kept buying the same stuff? I don’t think so. I have shifted my little investments away from US “growth” into European and Asian “value” and some fixed income / money market. This has of course a timing element, but not as black and white as you suggest.
But I see where you stole the quote.
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Doesn’t really belong here, but this made me laugh.
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Whelp, I just had to take a look….!
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…poop…
I sell every month.
Here you go
Buy low sell high is the motto.
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Buy low & hold forever will likely work better, if only I held the 400 hundred Netflix shares I bought on 30 May 2007. There was a 7:1 split so I would be holding 2800 shares @ $890 or $2,492,00
Of course the fell over 60% on 3 occasions when I was holding them. I averaged about 35 times my cost price on various sales.
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