Re:‘A Powerful Signal of Recessions’ Has Wall Street’s Atten...
by Retric on Tuesday June 26, 2018 @06:32AM
(#17399352)
Cost dollar averaging already does a fairly good job of timing the market via retirement savings. Trying to beat that is a terrible idea, as being out of the market for a few days can easily cost you a year of growth.
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Re:‘A Powerful Signal of Recessions’ Has Wall Street’s Atten...
by timr on Tuesday June 26, 2018 @03:24PM
(#17403343)
Having money on the sidelines is not "timing the market".
Warren Buffet has $116 billion in cash on hand.
Re:‘A Powerful Signal of Recessions’ Has Wall Street’s Atten...
by Retric on Wednesday June 27, 2018 @11:35AM
(#17408994)
He is also running an insurance company that needs cash on hand. On top of that they don't issue dividends only occasional stock buybacks which means they are going to accumulate cash by default.
Re:‘A Powerful Signal of Recessions’ Has Wall Street’s Atten...
by timr on Wednesday June 27, 2018 @06:05PM
(#17412256)
Buffet said he would prefer to have $20Bn cash on hand, but has no good place to invest it. The reason? Companies are too expensive.
https://www.fool.com/investing/2018/03/04/warren-buffetts-11...
But sure, by your logic, he's "timing the market."