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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: fcorelli   😊 😞
Number: of 6131 
Subject: Re: Was that the bottom?
Date: 05/08/25 2:58 PM
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Thanks. I need perspective like this


The S&P 500 is up 14% from the low on 4/8/2025.
Was that the bottom?
-------------------------
No. Sell everything.
I'm serious, but obviously nobody knows : )

Totally unsupported prediction: Prices will go a little higher and you'll feel a little bad, then they will go a lot lower and you'll feel just fine.
When things get cheap, buy some really good stuff that's on sale. Spend the time between now and then deciding what you'd buy, and at what price.

Then of course things will get cheaper for a while before they rebound, so you'll feel bad again for a little while : )

Net result: "You make most of your money in bear markets, you just don't know it at the time"

Jim
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