It seems that historically the market crashes every 10-20 years, with minor bubbles in between. 87,2001,2008.
Unfortunately during the last crash I was just getting out of college and looking for work so I had no money to invest. Since then I have invested successfully in a few companies as well as made a few bad decisions. Nothing apocalyptic but I'd be lying if I said my results were fantastic.
Right now I would say I have maybe 35% of my cash invested. The rest is making pretty much nothing which I realize is bad. However, going on my current belief that much of the market appears to be overvalued (I concede I may be wrong) would it make sense to hold off on some investments until another crash happens?
Looking back on 2008-2009. Picking up almost any major stock around 2010 would have at least doubled if not quintupled your money. But if say had invested in 2006 then most of those gains would have just been coming back to even. I guess I don't want to get in a situation where I am investing at the peak, but I also realize I may be leaving profit and gains on the table right now.
If anyone has any good suggestions/criticisms or articles to read on any strategy let me know. If this was colossally misinformed, well fuck. My bad.
Submitted March 05, 2017 at 11:48PM by VoodooD2 http://ift.tt/2lMVjbE
