I Regret Selling My Mutual Funds

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Here’s how to time the market: When it is down, invest. When it is flat, invest. When it is up, invest. Truth.

dannyh
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1:08 Love how He says “I’ve learned my lesson” followed by a question showing that he clearly hasn’t learned his lesson. He’s literally still trying to time the market lol

fightsportspace
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I love it when the market is up and I love it when the market is down.

Metalmanparts
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Hey caller, I’m almost 44. Started investing into Roth and 401k at 20 yrs old. This would have been 2000. Never bought a single stock or crypto. 100% funds. Only buy and hold, never sold (only transfer funds when provider at work changed). Always done between 12% and 18% depending on life “season”. I checked balance Monday, 3-4-24. Balance was $2, 000, 105.08. This stuff works. Give it time. It took 19 years to hit my 1st million but less than 5 years to hit my 2nd. Goal is 5M by 55. I’m gonna make it. So can you!

danielgeorges
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Literally didnt learn his lesson when he asked if he should wait for the rally to end and buy a dip.

justwait
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These ladies are giving great advice and I feel they are 100% correct. I was in mutual funds, sold them when covid hit, and fooled with single stocks. I may never recoup what I lost by doing that. No more single stocks for me and no more worrying about daily price fluctuations.

cleanairninja
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Your brother was correct. You're young, bite the bullet, buy back in and don't make the same mistake twice.

dougholdem
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I always follow the "buy high, sell low" principle

onespeed
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The stove is hot, Avery
Avery: Well…let me just touch it reaaaal quick

macklonrobinson
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I stay fully invested but also keep some extra money in cash to buy during dips or corrections. I always buy and never sell my ETFs.

ronjr
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$4000 is a cheap stupid tax. If you want you can dollar cost average your re-entry into the market over a couple of months. Since it's a relatively small amount of money, I'd just throw it all in at once.

Joenzinator
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I like this kid. People like him make me money. Keep on timing buddy. You’ll get it right this time!!!

nerdobject
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Ya, bro. That sucks hard. Pay the stupid tax and never do it again.

yoda
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still cant believe people try to time the people will never learn.

vadimrazenberg
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He is in the asset accumulation phase, just buy and keep buying

maximusdecimusmeridius
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I was dumb and stupid when I was younger I bought Costco at $20 a share back than, now see it trade over $700 a share

wongthong
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DO NOT EVER GET OFF THE TRAIN!!! I came into a 6 figure brokerage account a few years ago and watched it drop 30 percent like everyone else. I was beside myself and almost called my
wealth manger several times to pull the rip cord. There is a reason why you see tons of 70-75 year olds working in Walmart, etc. They bailed out in 2008 at the bottom and ended up with hundreds of thousands less at retirement in 2015, after the market had roared back..

steveo
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You’re trying to time 1% growth and missing out on 1% loss, just buy in & forget about it

Drumax
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Unfortunately, he is timing and he can’t get that out of his head. He can’t get it out of his head.

rbraxton
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This reminds me of an article I read online around Halloween that talked about how bad the market shape was. Since like 10/27 the market has skyrocketed. Nobody knows bleep about what it will do next.

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