“Timing the market is a fool’s game.”
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I don’t disagree. It depends on your risk profile.
And it’s not as much fun, if that’s what you’re looking for.
Trading is fun. So are motorcycles and mountain climbing.
I am 77. Now I just enjoy spending my dividends!
Yes I enjoy watching the markets gyrations too, and playing the trading game.
But I have two pots, one for serious money, where I have money in the Qs and SPY and it just sits there with dividend reinvestment and some regular contribution. That’s been around for over 20 years. I also have a much smaller Las Vegas pot that I use in playing the market, mostly with options.
And if you really want to have fun the options table is the place to be. It’s actually how I ended up with two serious winners. I sold a BRK-B put that got exercised a couple of years ago at 160. Now it’s over 400. And I did the same when NVDA was around 200 and now it’s at 800,and that’s after a split. I’ve also had some losers, which I won’t tell you about. 😊
So it doesn’t have to be one or the other. Yes you can have the cake and eat it too!