I had no advisor in late 2002 when things went to hell. Moved my entire 401k to bonds. Left it there until ~2015 when I learned more and realized my mistake. Sold low. Probably cost me $500k to $1M. Still hurts, but I eventually got smarter.
Don’t try to time the market. Stick with your target asset allocations, and rebalance once or twice each year. Whether the market is up or down. Set it and forget it. That’s it. That’s the ticket.
Buffett himself says you shouldn't try to time the markets. Warren is better qualified than most. But it is extremely unlikely that any everyday people will have access to the opportunity Buffett is waiting for. Jumping out of the market in response to what Buffett is doing is foolish. (And given Buffett's age, his cash accumulation MAY be a transition strategy. We don't know.)
Buffet had an army doing analysis for him to make those calls, there is no way a typical investor should try to play in that space, unless you just buy Berkshire stock
Great point, Buffett has some of his own money in Berkshire too. As a direct result, he needs to be cautious with the funds assets because Warren is probably going to “retire” soon. A young person should never follow Buffets financial leads now and they should just continue “dollar cost averaging” their investments.
I really appreciate your efforts! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
Honestly this vid is nothing but gambling with your retirement nest egg. 70 - 80 % of your money in assets that carry the most risk ? What could possibly go wrong ? Look at the returns of the S&P from 2000 to 2012 - it was ZERO percent. "Sequence of return risk " in retirement - it's a thing. People have such incredibly short memories.
That’s the point of having 70% in assets that are low risk, you don’t need to draw down your equities when markets move into bear territory. I plan on having 2 years of expenses in cash equivalents at all times and another 3 to 4 in fixed income. There are ways to obtain good returns while still protecting your investment.
RUclips channel after RUclips channel pumping up this market. Where are the buyers going to come from. Investors like Warren Buffett understand this, what they will do is wait until everything falls apart and then they'll get right back in there and make a wonderful returns once again well the rest of us lose
@@buckibanker The video had stocks at 70 % of your portfolio in retirement. That is insane . Stocks are not "low" risk, they are very high risk. I noted that the S&P was flat for 12 years , not 2 or 3. A lot of passive investors who recently retired are going the get really hurt in the near future.
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I had no advisor in late 2002 when things went to hell. Moved my entire 401k to bonds. Left it there until ~2015 when I learned more and realized my mistake. Sold low. Probably cost me $500k to $1M. Still hurts, but I eventually got smarter.
New subscriber. I like that you are balanced and rational rather than dramatic.
Thank you for subscribing. Hope the videos are helpful for your successful retirement.
Sitting out a 150%+ move is equally painful
They have been saying this for years… so glad I did not sit out
Thank you for your explanations of
these important strategies, it was
most helpful without the drama.
Don’t try to time the market. Stick with your target asset allocations, and rebalance once or twice each year. Whether the market is up or down. Set it and forget it. That’s it. That’s the ticket.
Buffett himself says you shouldn't try to time the markets. Warren is better qualified than most. But it is extremely unlikely that any everyday people will have access to the opportunity Buffett is waiting for. Jumping out of the market in response to what Buffett is doing is foolish. (And given Buffett's age, his cash accumulation MAY be a transition strategy. We don't know.)
You’ll want to review your portfolio, in light of trump’s racist driven incompetence and the isolationist and deliberate ignorance strategy of MAGA.
Buffet had an army doing analysis for him to make those calls, there is no way a typical investor should try to play in that space, unless you just buy Berkshire stock
Great point, Buffett has some of his own money in Berkshire too. As a direct result, he needs to be cautious with the funds assets because Warren is probably going to “retire” soon. A young person should never follow Buffets financial leads now and they should just continue “dollar cost averaging” their investments.
Thank you.
You're welcome!
I really appreciate your efforts! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
Warren is preparing for his passing
Honestly this vid is nothing but gambling with your retirement nest egg. 70 - 80 % of your money in assets that carry the most risk ? What could possibly go wrong ? Look at the returns of the S&P from 2000 to 2012 - it was ZERO percent. "Sequence of return risk " in retirement - it's a thing. People have such incredibly short memories.
That’s the point of having 70% in assets that are low risk, you don’t need to draw down your equities when markets move into bear territory. I plan on having 2 years of expenses in cash equivalents at all times and another 3 to 4 in fixed income. There are ways to obtain good returns while still protecting your investment.
RUclips channel after RUclips channel pumping up this market. Where are the buyers going to come from. Investors like Warren Buffett understand this, what they will do is wait until everything falls apart and then they'll get right back in there and make a wonderful returns once again well the rest of us lose
@@buckibanker The video had stocks at 70 % of your portfolio in retirement. That is insane . Stocks are not "low" risk, they are very high risk. I noted that the S&P was flat for 12 years , not 2 or 3. A lot of passive investors who recently retired are going the get really hurt in the near future.