It’s such a misery managing any account during a bubble. If you hold you lose when the knife falls, if you try to time it then everything stays irrational longer than you can stay solvent.
Comment on Data Shows That AI Use Is Now Declining at Large Companies
expatriado@lemmy.world 1 day ago
time to move some of my 401k allocations, cuz a big slice of the sp500 pie is heavily invested on AI
NormalOnNSFW@lemmynsfw.com 22 hours ago
explodicle@sh.itjust.works 15 hours ago
I always just ride it out. I already bought the asset for a reason that doesn’t change just because it’s currently in a bubble. I didn’t buy a lump sum because I thought it was “cheap” then; I bought gradually every paycheck. So that’s exactly how I intend to spend it - slowly as needed, ignoring bubbles.
FartMaster69@lemmy.dbzer0.com 1 day ago
why though
ragingHungryPanda@piefed.keyboardvagabond.com 1 day ago
the s&p is an index weighted to match the top 500 companies, so the bigger companies get more money put in to their stocks. if most companies aren't doing great and a few tech ones are "holding up the market", then most of the money in your s&p indeed will be with them
FartMaster69@lemmy.dbzer0.com 1 day ago
Good point, it is I who is the fool.
junderwood@lemmy.world 1 day ago
You are not the first person I’ve heard share that sentiment!