The Steross Market and Investing Thread

[KK10]

Depending more than a bit on how old your are, your continued investment plans, and your comfort with risk in a world of political and market chaos generated by a small group of men with questionable ethics or intelligence.

At this point I dunno that their ethics and intelligence are questionable. I kinda side on it being confirmed that their ethics and intelligence both just suck out loud.

 

[steross]

So me, mr put 10% (plus a really nice company match) into my 401K every paycheck and check it maybe once per month-do I need to worry or just ride it through like I did with COVID and all the jazz right afterwards?

My opinion as an older guy that has always followed this stuff fairly closely for a non-financial industry guy: Leave it TF alone.

Getting one move right or wrong will cause you to start making further moves because either you have to make up for your screw-up or because you did well, and you now think you can keep that up. But, this stuff is hard. It is hard even if it is what you do all day. Figuring out how all the macroeconomic moves are going to come together and affect your account is not a one-hour on a Sunday evening once a month kinda job.

TBH, of course I can't know for sure, but I'm pretty confident that my attempts to do better than stuff-it-in-and-forget-about-it have cost me 7 figures that don't start with a one.

Right on time:

https://twitter.com/x/status/1944411688876302517

 

[JTOSU]

My opinion as an older guy that has always followed this stuff fairly closely for a non-financial industry guy: Leave it TF alone.

Getting one move right or wrong will cause you to start making further moves because either you have to make up for your screw-up or because you did well, and you now think you can keep that up. But, this stuff is hard. It is hard even if it is what you do all day. Figuring out how all the macroeconomic moves are going to come together and affect your account is not a one-hour on a Sunday evening once a month kinda job.

TBH, of course I can't know for sure, but I'm pretty confident that my attempts to do better than stuff-it-in-and-forget-about-it have cost me 7 figures that don't start with a one.

Right on time:

https://twitter.com/x/status/1944411688876302517

100% agree with that tweet.
I haven’t met anyone that can successfully and consistently time the market. Well, other than our elected politicians.

 

[CptnQuirk]

My opinion as an older guy that has always followed this stuff fairly closely for a non-financial industry guy: Leave it TF alone.

Getting one move right or wrong will cause you to start making further moves because either you have to make up for your screw-up or because you did well, and you now think you can keep that up. But, this stuff is hard. It is hard even if it is what you do all day. Figuring out how all the macroeconomic moves are going to come together and affect your account is not a one-hour on a Sunday evening once a month kinda job.

TBH, of course I can't know for sure, but I'm pretty confident that my attempts to do better than stuff-it-in-and-forget-about-it have cost me 7 figures that don't start with a one.

Right on time:

https://twitter.com/x/status/1944411688876302517

The other part of that is knowing which stocks or funds in which to invest at different periods of your life.