Soldato
- Joined
- 25 Nov 2007
- Posts
- 5,581
- Location
- London
Appreciate you offering a more detailed response!
However, if I'm to read correctly, you have been preparing since last year, meaning you have missed most of the best days in the market over that time? I.e. through trying to time, you have lost out on the later stages of the most recent bull, which was pretty damn significant.
Why do you think, if your assumption was wrong before, that it'll be correct this time? Not being pedantic here, just interested in the bear case.
I did not miss anything, if i had simply invested as before, i'd be sitting on a bigger loss.
I am not timing anything, i just learned enough to realize and adjust, i.e. get rid of US stocks, buy gold, and build up cash
And i am not wrong, quote me after 1 year.