General Discussion

GulfCoast66

(11,949 posts)

22. Quess I missed the articles about most economists predicting a crash.

Fri Mar 1, 2019, 10:17 AM

Mar 2019

Some are predicting a recession, but hardly most. And that is different than a stock crash.

I know one thing for sure. Lots of people on DU have been predicting a crash since Trumps election.

I’m 10 years from retiring. Slowly reducing the percentage of my portfolio in stocks.

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Anyone else thinking of pulling their money out of the stock market until after the next crash? [View all] Quixote1818 Mar 2019 OP

August to December 2018 Aussie105 Mar 2019 #1

Attempting to time the market is a fool's game. PoindexterOglethorpe Mar 2019 #2

Ordinarily I would agree but we are way overdue for a correction and most are Quixote1818 Mar 2019 #5

I thought the 4,000 point or so drop PoindexterOglethorpe Mar 2019 #7

Beware confirmation bias FBaggins Mar 2019 #32

I agree with this. I'm retired though. So perhaps my view is biased. KPN Mar 2019 #34

PoindexterOglethorpe is correct Homoudont Mar 2019 #19

I have considered it radical noodle Mar 2019 #3

Investing in stocks is foolish. briv1016 Mar 2019 #4

I'm investing all mine in hummus! PoindexterOglethorpe Mar 2019 #9

Nope. Can't time the market. look at a 20 year graph - the corrections look pretty minor. NRaleighLiberal Mar 2019 #6

Great response! phylny Mar 2019 #16

if you have your liquid asset needs in stocks, then yes...otherwise, no. Moostache Mar 2019 #8

I pulled out of equities last fall RainCaster Mar 2019 #10

What money? 🤷🏼‍♀️ LakeArenal Mar 2019 #11

Nope, I just contribute more when it goes down because it always comes back higher. madville Mar 2019 #12

Already did it last year. Trump is dangerous to the financial health of all of us little people. nt Hekate Mar 2019 #13

Took out some of it back in December. sinkingfeeling Mar 2019 #14

Unless you are about to retire and you can't handle risk....then HELL NO. nt UniteFightBack Mar 2019 #15

I'm one of the people who panicked 11/9/16 mnhtnbb Mar 2019 #17

I see this prediction every year. without fail. spanone Mar 2019 #18

Yes. or No. or Maybe. cbdo2007 Mar 2019 #20

If I've said it once, I've said it a dozen times: no one should look to DU for investment advice onenote Mar 2019 #21

Quess I missed the articles about most economists predicting a crash. GulfCoast66 Mar 2019 #22

We just ride any dips and there have been many. BSdetect Mar 2019 #23

Did already. Went to a 40/60 mix last November. Johonny Mar 2019 #24

We went to a 50/50 mix when orange man was elected. Canoe52 Mar 2019 #35

How much did that decision end up costing you? onenote Mar 2019 #36

Not a dime, turns out the mattress is rent free. Canoe52 Mar 2019 #37

There seems to be an underlying belief that buying stocks PoindexterOglethorpe Mar 2019 #25

That has tax implications MiniMe Mar 2019 #26

Yes Dem2 Mar 2019 #27

I haven't found anything that suggests most economists are predicting a crash by next year... Drunken Irishman Mar 2019 #28

too many factors here... if you are in companies that are not overbought, JCMach1 Mar 2019 #29

Don't bother timing the market. Put money in and don't look at it Recursion Mar 2019 #30

Bad idea Fiendish Thingy Mar 2019 #31

Then I'd have to pay capital gains and taxes on deferred income comradebillyboy Mar 2019 #33

And today the Dow closed up 110 points on the day, PoindexterOglethorpe Mar 2019 #38

Never bought anything in the first place: I have nothing to worry about. So, yeah. lindysalsagal Mar 2019 #39

yes, I am strongly considering. lastlib Mar 2019 #40