On one hand, the mainstream "good" advice is to never try to time the market, and to never sell when stocks start to go low, but to hold through a crash and then only look at the long term gains. In a nutshell, never sell low, consider buying low, but not as a "time the market" strategy, just as a "I have some money I've been wanting to invest for a while, time to get in".
On the other hand, when asked about the causes of a drop (e.g. yesterday's drop), everyone mentions how 'investors' are selling stocks to buy bonds or gold or "safer" assets.
So... who are these people? Are they wrong in doing what they are doing? Why shouldn't I join them?
Disclaimer: I'm all for "put money in, forget about it, look at what's there in 5 years", as this strategy is what all the data we have about the past suggests to do. However I would still like to understand who these people are that do not hold, and why.
Edit: typos
Submitted October 12, 2018 at 07:15AM by SirCaesar29 https://ift.tt/2pOGOIX
