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Originally Posted by GrobbeeTrull2.0 So when some people "exit the market" they're dumb, but you "convert to cash to reinvest" you're a genius? That's awesome. |
Learn to read. I exited the market by accident before it dropped. Did you miss the part where I said I sold by not market-timing, but just dumb coincidence? In case it isn't clear to those that can read at a fifth grade level - it had nothing to do with looking at market indicators or personal expertise and everything to do with converting to cash while the market was still even. I didn't time jack-squat.
The ones that are dumb are the ones that sell due to just market noise.