Will this be the big correction

And now that page has been removed:

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Definitely feeling the pain --our stocks are doing very poorly. Just staying the course and continuing to DCA.

 

Perhaps rather than focusing on 'our stocks are doing poorly', recognise that next time you DCA you will likely have purchased more stocks for the same amount of money, thus (hopefully) more return on the same amount of money invested come dividend time.

 

I guess you have to be a believer of this strategy DCA.

 

DCA does work.. but you need to have cajones of steel

 

My daughter would disagree with you on the latter aspect of your post.

The more appropriate and inclusive term is "ice in the veins."

 

Yeah I can be a cold hearted guy... Just call me iceman....

 

It is difficult for some when they indulge in constant market watching @monk. Every time there is a hiccup out they come despite:

“If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks*.”

-John Bogle

or

"Nathan Rothschild, a 19th-century British financier and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He was supposed to have also said as an addendum to it "even if it's your own" but that has never been verified.

So if no cash to buy, the concept of "Don't look, Don't touch" could be the next best thing.

*The 20% was used as an example not as a firm amount. Markets and individual shares can drop even further than that.

 

Just check a graph of the stockmarket over the last 100 yrs. & note that overall it has risen to ever greater highs, but yes, in the early days of investing it takes a bit to get your head around this.

 

Yes I know this

I would rather be buying when there is a severe correction. There is no control regardless but…… its kind of like property, never buy at peak

 

Most of my non ppty investments ars in aus super balanced. been maximising payments for ages. The last 10 years has given 10pct pa growth. Thats huge, but i guess it includes a lot of post gfc crash recovery, so the prev 5 tears wpuld have been crap. Tbh, if it returns 5pct pa in the next 10 years i will be happy. Market inflated by money printing basically, needs a big blow off.

 

Or just be greedy & love a bargain .

 

Whaddaya call the village idiots shorting the market?
That to me is the ultimate foolishness....might as well go to the casino.

 

Let see how it all unfolds. Been talking about a correction for a few years now
Still millions/billions can be blown away in 1 day

 

Nah just DCA in bear market. No greed just common sense.

 

From what I have read some have been killing the pig.

I dont understand this strategy, so what i dont understand i dont touch.
Slow and steady for me

 

So is it a bear market yet?

 

Till the pig becomes a boat and Gore's them to death. These people are gamblers..... not investors ...

 

We'll certainly not yogi or booboo type of bears. These seem to be grizzleys and kodiaks.

 

Exercising choice is what I'd call it. If that is how they wish to approach it, and assuming they are fully aware of the potential risks, go for it if they want. If they make a motza OK by me but by the same token I will not be shedding a tear if they go broke.