Quote:
Originally Posted by lowside67
Even a broken clock is wrong twice a day
|
Except this is the first time I've ever said this during this hike cycle. I'm not a permabear calling a recession or crash every year. And I'm humble enough to admit if I'm wrong that it doesn't occur in the next (or few years). I also understand the opportunity cost of money but to me, I rather preserve my capital at such a precarious time.
My thesis and opinion is probably not be suited for most people. I respect DCAing and I always tell my friends that who are just looking for some simple advice. Ignore the market, buy VOO or QQQ DCA, forget about it until you retire.