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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: rayvt ✧☼🐝  😊 😞
Number: of 6132 
Subject: Re: Red Signals
Date: 08/10/24 9:34 AM
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No. of Recommendations: 12
Counterpoint:
foxbusiness.com: Bull market will continue once the 'correction' is over: Ken Fisher
"Bull market will continue once the 'correction' is over: Ken Fisher"
"This is a bull market, it will continue once this correction is over. When that correction is over is impossible to tell."

foxbusiness.com: Stock market is in correction, not a bear market: Ken Fisher
Discusses that true bear markets tend to roll over slowly...until the steep drop in the last 1/3rd.
Quick sharp drops almost always recover soon, and the continue to go up.
Shows a table of # of S&P500 declines of various amounts.
5% once a year
10% once every 3 years
20% once every 8 years

Early in my career, my Dad told me that the worst mistake he had made in investing was to panic on Black Monday and sold everything, and advised me to never do that.
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