So BHR is about equal to your BHS (the good sells are offset by the bad sells), just less effort? Alternatives indeed, you're welcome to your approach, even defending it 'to the bitter end.'My main goal is not to get filthy rich but to preserve what I already have. Buy, hold AND SELL helps me in that goal.
And I see many buy and hold types around here and they don't seem to be filthy rich either.
I'm amazed how people defend this approach to the bitter end. There ARE alternatives.
Just curious or perhaps for another thread, but what "rules" do people use for rebalancing? are they written?
if everything in the economy is tanking, I seriously doubt the market is heading for new highs.
I'm amazed how people defend this approach to the bitter end. There ARE alternatives.
The Dow closed lower yesterday than it was back in 1999. How is buy, hold and rebalancing working for you?
That's generally what BH types want, too. However, the reason to be afraid of not gaining enough when the market rises, because you don't have enough invested, is this: if the market gets wild, you'll need to make large amounts sometimes in order to balance out large losses at other times.My main goal is not to get filthy rich but to preserve what I already have while trying to participate in SOME of the market gains.
The Dow closed lower yesterday than it was back in 1999. How is buy, hold and rebalancing working for you?
I just hope that what ever any of us are doing that our ports and economy turnaround for the better, but after seeing all the finger pointing after this downdraft, ...
I am not confident that DC will be helpful towards that end.
The Dow closed lower yesterday than it was back in 1999. How is buy, hold and rebalancing working for you?
My main goal is not to get filthy rich but to preserve what I already have while trying to participate in SOME of the market gains. Buy, hold AND SELL helps me in that goal.
And I see many buy and hold types around here and they don't seem to be filthy rich either.
I'm amazed how people defend this approach to the bitter end. There ARE alternatives.
Reference to '77 Chevelle SS with the 454 big block motor is my guess. A high point of US car culture.So what kind of user name is 77ss454 anyway?
Has there ever been a downturn that wasn't accompanied by finger-pointing? Is it 'different this time'?
I am confident that your lack of confidence will be shown to be well placed.
-ERD50
Ah, yes. They still had those little flags with the CCs underneath that impressed us so much in the 60s: 327s, 409s. I never could afford any of them. 454 was unimaginable. My 15 years older brother had an Impala SS convertible circa 64 or so.Close, it's a 1973 SS 454 Chevelle that I reference. The 454 is the size of the motor as HaHa mentioned. SS stands for Super Sport and 73 is the year.
1973 was the last year for the SS Chevelle, the end of an era.
Close, it's a 1973 SS 454 Chevelle that I reference. The 454 is the size of the motor as HaHa mentioned. SS stands for Super Sport and 73 is the year.
1973 was the last year for the SS Chevelle, the end of an era.
Ah, yes. They still had those little flags with the CCs underneath that impressed us so much in the 60s: 327s, 409s. I never could afford any of them. 454 was unimaginable. My 15 years older brother had an Impala SS convertible circa 64 or so.
Isn't this time different Actually my lack of confidence has turned to total disgust.
To attract website traffic/hits and sell more advertising?I guess that some websites actually published minute by minute events from the trading floor using services such as Twitter. What is the point of that? To alarm us even more? To further get people worked up?
You're supposed to wait until they roll the little cart with the flashing blue light out onto the trading floor...Is it time to buy yet?
Let me pile on with a couple more comments:Well, I can tell that the "buy and hold no matter what" sentiment dominates this forum. Interesting.
I said 200 down today but now I change that to 600. Td
DOW futures are +140. Still sticking with -600?
Yee flippin' haw! Ride 'em cowboy!WTF? DOW up 140 on no news, then down 30 and up 300 on the same Fed announcement? I guess this just tells us we can expect a wild ride for the foreseeable future.
Down 630, up 430. What an exciting ride.
I really like rollercoasters at night or in dark passages. So will tomorrow bring another exciting day (my prediction) or will we take a breather?