You’re absolutely right. As I mentioned in the video, no one can predict the market. But despite these surprises, their insights do still bring valuable perspective, right?
@@MisterInvestment No, The S&P 500 is an index and has an inherent protection against risk because the companies that participate have to meet strict requirements which is why it has been so successful. The only way S&P would crash would be if the top 500 performing companies had a massive crash in earnings. Now things could slow down if the global economy went into a recession but it wouldn't crash. Even if a company like Apple were to declare bankruptcy, they would just fall out of the S&P 500 and another company would join to replace it. You would see a slight dip while another company fills the void but it wouldn't crash unless the majority of the holdings were to crash. Also stocks should be long term investments. If you play short term, you have higher risk. If the market actually crashes which would also impact DOW and NASDAQ, it will bounce back.
I sold the VOO on the 17th of October. Its been hard not buying it back. Told myself I would chill until Christmas day. ill probably miss out on some gains. ill take the free 5.6% interest on my back account and try to keep the FOMO in control.
Interesting...I'm not touching my VOO,all this buying and selling and trying to time market doesnt work. Unless you're retiring soon and want stability, but if you have a 10+ year window selling and recognizing gains, paying taxes and then missing out on gains just doesnt make sense. Also, where do you get 5.6%?? what bank?
As @Dimka2012Bo mentioned, remember that over the past few decades, the stock market has risen about 75% of the time and dropped around 25% of the time. Timing the market can be challenging, so stepping out does carry its own risks-unless, of course, you need the funds soon. Thank you for your response, and all the best!
i know, I can’t predict the future, but my tax-saving accounts and retirement plan are already heavily invested in the S&P 500, so I feel that’s enough exposure. Selling my position on the account I manage might seem like a bold move, but being in Switzerland, I don’t trigger any taxable events by doing so. I manage it all through a private bank in Schaffhausen, I don’t know how they do it..but it changes, last year was 4.3%
Many thanks for referring to the recent statement by a Goldman Sachs analyst in this video as well as sharing with us the information and possible ideas for dealing with it. Enjoy your weekend❤
Hasn't GS been outright saying the Index trade being over for a long time now? Trying to get their customers to move out of the 'lazy' Bogle style of investing and back to individual securities sales to generate more commissions from both market makers and their brokerages? Blindly ever following whatever any investment corporation says is silly. Measure index trading and vs any of the expert high profile money managers and even without their fees you'll find index investing typically wins as long as you stay to your ruleset.
@psycheout4733. I appreciate your thoughts on this! As a long-time advocate for index investing and the "Bogle style," I see the value in a diversified, low-cost approach. However, Goldman Sachs does raise an interesting point regarding the impact of the "Magnificent Seven" on future returns. But we can't predict the market, so we will see what the future holds for us.
@venoxidae yes, you’re absolutely right-I’m not a native speaker, and I’ll admit my microphone let me down a bit here, leaving the audio a little “crunchy.” I’m sorry if that made it tricky to listen! Still, I hope you found some helpful takeaways from the content itself. Thanks for powering through with me! 😊
Goldman Sachs also projected the S&P to close out the year at 4,400 back when it was trading at 4,000. It's at 5,800 right now.
You’re absolutely right. As I mentioned in the video, no one can predict the market. But despite these surprises, their insights do still bring valuable perspective, right?
@@MisterInvestment No, The S&P 500 is an index and has an inherent protection against risk because the companies that participate have to meet strict requirements which is why it has been so successful. The only way S&P would crash would be if the top 500 performing companies had a massive crash in earnings. Now things could slow down if the global economy went into a recession but it wouldn't crash. Even if a company like Apple were to declare bankruptcy, they would just fall out of the S&P 500 and another company would join to replace it. You would see a slight dip while another company fills the void but it wouldn't crash unless the majority of the holdings were to crash. Also stocks should be long term investments. If you play short term, you have higher risk. If the market actually crashes which would also impact DOW and NASDAQ, it will bounce back.
I sold the VOO on the 17th of October. Its been hard not buying it back. Told myself I would chill until Christmas day. ill probably miss out on some gains. ill take the free 5.6% interest on my back account and try to keep the FOMO in control.
Interesting...I'm not touching my VOO,all this buying and selling and trying to time market doesnt work. Unless you're retiring soon and want stability, but if you have a 10+ year window selling and recognizing gains, paying taxes and then missing out on gains just doesnt make sense. Also, where do you get 5.6%?? what bank?
As @Dimka2012Bo mentioned, remember that over the past few decades, the stock market has risen about 75% of the time and dropped around 25% of the time. Timing the market can be challenging, so stepping out does carry its own risks-unless, of course, you need the funds soon. Thank you for your response, and all the best!
You got it!
i know, I can’t predict the future, but my tax-saving accounts and retirement plan are already heavily invested in the S&P 500, so I feel that’s enough exposure. Selling my position on the account I manage might seem like a bold move, but being in Switzerland, I don’t trigger any taxable events by doing so. I manage it all through a private bank in Schaffhausen, I don’t know how they do it..but it changes, last year was 4.3%
@phil5980 Thanks, I get your point. Time will tell us! 😉
Many thanks for referring to the recent statement by a Goldman Sachs analyst in this video
as well as sharing with us the information and possible ideas for dealing with it. Enjoy your weekend❤
Thanks so much! Really appreciate your friendly reaction and feedback-it makes a big difference.
Hasn't GS been outright saying the Index trade being over for a long time now? Trying to get their customers to move out of the 'lazy' Bogle style of investing and back to individual securities sales to generate more commissions from both market makers and their brokerages? Blindly ever following whatever any investment corporation says is silly. Measure index trading and vs any of the expert high profile money managers and even without their fees you'll find index investing typically wins as long as you stay to your ruleset.
@psycheout4733. I appreciate your thoughts on this! As a long-time advocate for index investing and the "Bogle style," I see the value in a diversified, low-cost approach. However, Goldman Sachs does raise an interesting point regarding the impact of the "Magnificent Seven" on future returns. But we can't predict the market, so we will see what the future holds for us.
Oh my gosh. He has a dutch accent, but it also has digital artifacts from overhandling. Really hard to listen to.
@venoxidae yes, you’re absolutely right-I’m not a native speaker, and I’ll admit my microphone let me down a bit here, leaving the audio a little “crunchy.” I’m sorry if that made it tricky to listen! Still, I hope you found some helpful takeaways from the content itself. Thanks for powering through with me! 😊