Darum meine Einstellung stur monatlich zu investieren - ungeachtet was so makroökonomisch abgeht.
Chowder speaks:
I know some people want to know what makes the market move the way it does. You'll never know! Last week it was tariffs, but this week tariffs aren't important. Last week it was interest rates, but this week interest rates aren't important. Last week everyone is getting impeached and going to jail, but this week it isn't important.
Market moves in the short term are mostly nothing more than short term traders buying and selling overvalued vs undervalued positions.
Now, when that recession shows up late in 2019 or in 2020, provided it does, that's a different story. Companies will not meet earnings expectations and fear will encompass the world, including a lot of people here in this comment stream. Me? I'll continue doing what I always do, build positions up in size regardless of market conditions.
Ahhhh, peace of mind not caring about short term moves.
Chowder speaks:
I know some people want to know what makes the market move the way it does. You'll never know! Last week it was tariffs, but this week tariffs aren't important. Last week it was interest rates, but this week interest rates aren't important. Last week everyone is getting impeached and going to jail, but this week it isn't important.
Market moves in the short term are mostly nothing more than short term traders buying and selling overvalued vs undervalued positions.
Now, when that recession shows up late in 2019 or in 2020, provided it does, that's a different story. Companies will not meet earnings expectations and fear will encompass the world, including a lot of people here in this comment stream. Me? I'll continue doing what I always do, build positions up in size regardless of market conditions.
Ahhhh, peace of mind not caring about short term moves.
