Stock Market Game

[Finnster]

Originally Posted by lutach

I'm going to keep all my positions and see where the bottom comes and see how far up my positions will go. Maybe 5-10yrs from now when another bubble burts, I'll probably play the market for real.

lol.. If you review some of the 10yr avg returns on a number of things (stocks, mut funds, etc.) this might not be a bad idea.
Its bad when many of the major 401k funds we're offered at work have a YTD return of 40%, but the 10yr is 3%.

For F's sake, might as well buy something safe, wait for a bubble to burst, put it in during the recovery, then get the F out again.

In the meantime, you're way way ahead, so I got to work a bit harder :)

I knew it was time to sell when you starting seeing a lot of blogs and message boards lighting up lately talking about how "we are taking this b!tch to $X.X." Doing the opposite of the herd turns out right more often than not it seems.