There is always a bull market somewhere

[Cognito]

Sorry. I'm not familiar with the terminology. Please explain.

The bull market today is in the software sector. .ie. IGV was up over 5%.
stocks like INTU, CRM, ADBE, APP, CRWD etc. Other sectors, not as good.

 

[Koolau]

The bull market today is in the software sector. .ie. IGV was up over 5%.
stocks like INTU, CRM, ADBE, APP, CRWD etc. Other sectors, not as good.

Doh! Thanks!!

 

[progmtl]

To the point of the original post about trying to rotate sectors during turmoil... Well, you do you - good luck. Take a look at where VTI (US total stock market) or S&P is today (nearly back to the all-time top). I'll stick with the index funds. They'll go up, and down, and eventually up again. Moving your money around to try to chase or find the next winner is just churn that is likely to lose.

I don't follow Cramer either, but his comment about "there is always a bull market somewhere" just serves the active management/fund manager industry (his industry). Good luck finding that bull market BEFORE everyone else does (so you can profit from it).

 

[OK EE]

To the point of the original post about trying to rotate sectors during turmoil... Well, you do you - good luck. Take a look at where VTI (US total stock market) or S&P is today (nearly back to the all-time top). I'll stick with the index funds. They'll go up, and down, and eventually up again. Moving your money around to try to chase or find the next winner is just churn that is likely to lose.

I don't follow Cramer either, but his comment about "there is always a bull market somewhere" just serves the active management/fund manager industry (his industry). Good luck finding that bull market BEFORE everyone else does (so you can profit from it).

Time in the market beats timing the market. The number of active fund managers that can beat the market is low. The number that can do it consistently is even lower (think low single digit percentages). These are people that do it for a living. I can't compete with that so I don't try. Index investing for the win.

 

[target2019]

In 2023 rollovers, I invested according to my asset allocation, and some to money market. I also speculate in a sandbox.