ALOHA, Jeff or whomever from the admin team, I have 2 questions, neither one of them has to do with the other so bear with my ADD.
I know this sounds ridiculous but, how do we know when the bottom hits or is about to or even after it has? this is a silly question because if you really knew it you would have not made many of the comments in your last video (Jeff). however there are signs that give indications that the bottom is near, much like contractions. I was wise enough on the bull run to lean from others mistakes and not FOMO into the market on the way up, well mostly. But I did FOMO on the way down a couple of times, I thought i was being patient and waited like half a day when things were turning green, and bought in at that time, only to have the carpet ripped out from under my feet. I realized that i was FOMOing at the (what I thought was) the bottom. I didn't want to miss out on the best possible re-entry point and was afraid that i was going to miss it, well I sure didn't miss it. anyways then on Saturday there was a long sideways movement and green was all over the place, so i waited much longer this time. People were even making videos about when they jumped back in, hours earlier, so I thought I missed the bottom and was buying on the way back up, but I was ok with that until.......... yeppers more , much more blood baths were in my well everybody's future.......... so here we are today. I don't want any financial advice, just a little wisdom on what other people with more experience than myself have found to be some tale tell signs of "the bottom" either approaching, here, or we just bounced off of it.....
I will ask this question in another post on here, so as to not clutter things up if i am to come back at some future time looking for information.....
Looking forward to seeing the bottom and swooping in for some AMAZING steals. its like we are getting a do-over.
Gary F,
Hey Gary, Matt here. Dollar-cost average into the core position that you would like to have for the next 5 years!
Thanks Matt,I started trickling in today, awesome advice!.... Great work you are doing here at AB. A big asset to the team! hope the group is welcoming. big ALOHA to you.