https://bainbridgecf.org/news-and-event ... ial-future
I am halfway through "How a Second Grader Beats Wall Street" by Allen Roth.
I have also ran some Monte Carlo Simulation at https://www.portfoliovisualizer.com/mon ... simulation
I am convincing myself that a Buy and Hold strategy is the best for me. Considering I have 12 years until retirement and that I am in the "accumulation phase" (new term I learned), I want the market to go down. Even for an extended period, years? would be good for me. The more bad years I put in the Monte Carlo Simulation, the bigger my portfolio balance was by retirement.
My ego? intuition? emotions? Chart patterns? seem to get in the way of me sticking to a
a monthly, let alone a daily seasonal strategy.
For myself, I believe I will be able to stick to a plan that requires me to do nothing... vs something.
Well, at most I may rebalance yearly.
Best wishes to all in their journey.
5/3/21: Buy and Hold 30% C, 70% S if I can stay disciplined.TimboSlice wrote: "People really need to stop overthinking this."
The accumulation phase refers to the time in the life cycle of an investment when an individual or an investor builds up the value of their annuity or investment... This is true because money that you have right now can be invested and earn a return, thus creating a larger amount of money in the future,
Thank You, yes, I believe everyone using TSPcenter is in the Accumulation Phase.bamablue wrote: ↑Fri May 21, 2021 6:52 amThe accumulation phase refers to the time in the life cycle of an investment when an individual or an investor builds up the value of their annuity or investment... This is true because money that you have right now can be invested and earn a return, thus creating a larger amount of money in the future,