Melodramati123 Archive

Upvotes	Title	Category	Author	Subreddit	Date (UTC)

Upvotes	Comment on	Subreddit	Date (UTC)
3	Preparing for the next market crash/correction/pullback Fair point. But unless your are trading professionally or work in a significant analyst position e.g. in hedge fund or IB MOST likely you have no idea if you are seeing a dip and you are actually just gambling. Two points: 1); Why do you think people are paid 100k - 500k annual comp while working minimum 60 hours a week to beat market annual gains? Do you actually think people, with 0 finance experience even at hobby level can beat hedge funds? and 2); if people are talking about "the dip" it is…	/r/TheRedPill	30/11/20 09:22 PM
24	Preparing for the next market crash/correction/pullback This is bad advice. Buying the dip can and never will beat dollar cost averaging. Check this out: https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ <-- Even if you were omniscient and able to time every single dip there ever was in the market - you'd still higher returns longterm by DCAing. Encouraging people to "BUY THE DIP" rather than sound strategies e.g. such a DCAing into a forever portfolio does not strengthen your credibility as the "resident finance guy".	/r/TheRedPill	30/11/20 08:49 PM