But if you envisage a downturn in market for whatever reason then you should not put more money in stock market. If you envisage stocks to rise for whatever reason, lash it in.
Everyone is entitled to an opinion and everyone is entitled to base that opinion on something.Neither he, nor you nor anyone else knows what will happen to house prices or the stock market in the short to medium term.
Therefore his strategy should not be based on this.
Brendan
It's interesting to read this post together with one you made on 30th March last year when you were saying the same thing:Whilst of course nobody can predict the future, successful investors surely base their stock market investment decision on something (research). They dont blindly continously invest beceause they cant make an informed decision (or to put it your way - cant predict future). Its not about blind prediction, its about making informed decisions based on research
Not sure I fully understand your point Redonion.It's interesting to read this post together with one you made on 30th March last year when you were saying the same thing:
"My shares have fallen 30% what should I do?" "Is this a good time to invest in the stock market?"
So that’ll be fear then...you’re afraid that markets will fall further Hmmmm it's a strange one , initially I was thinking wow this is going to be a big drop at end of February , so this is what a big crash feels like ! Then I start thinking this could actually be my chance to make a lot of...www.askaboutmoney.com
The OP has a 25 year + investment horizon. There'll be ups & downs during that time, but I doubt he knew better than the market he'd be making so much money he wouldn't be worried about AVCs.
If you can predict the stock market you should stop working, trade the markets and become a millionaire.But if you envisage a downturn in market for whatever reason then you should not put more money in stock market. If you envisage stocks to rise for whatever reason, lash it in.
Everyone is entitled to an opinion and everyone is entitled to base that opinion on something
You are really just trying to time the market - which is a terrible strategy.So if i have 10k to invest in tbe markets then i will do some research until i satisfy myself as to whether i think the markets will go up or down
Well when it comes to investing, if you have earned €1,000 and have it available to invest then you have earned the right to your opinion, at least as far as that €1,000 goes.The right to an opinion needs to be earned.
WhyWell when it comes to investing, if you have earned €1,000 and have it available to invest then you have earned the right to your opinion, at least as far as that €1,000 goes.
I notice you said almost , so you're not quite ready to admit that your opinion has an absolute worthlessness when you're in unfamiliar territory.My opinion on how a pipe might need to be fixed or what type of mix to put in a tooth filling or what type of isolator switch to use for a combi-oven is almost completely worthless.
Sometimes the smart opinion can be “let’s listen to the expert”I notice you said almost , so you're not quite ready to admit that your opinion has an absolute worthlessness when you're in unfamiliar territory.
Expert echo chambers are dangerous places. Even the uninitiated should never feel like they have to question any form of perceived wisdom with the deferential......" I have a stupid question.."
For this reason, ALL opinions should be heard. I ,for one , try to read a lot more comments than I'd write.
We won't learn or consider any possibilities if our attitude is..."when I need your opinion, I'll give it to you."