I’m the only one considering to sell all my VWRL today during the rally (effectively shorting the market) and buying again next weeks ? (plus throwing more cash)
The thought of selling is kind of scary but imho we can expect a further drop after the news about stimulus subside and the magnitude of the damage becomes more apparent.
I also think I should wait (have some 50K left to invest), but FOMO is mounting.
You can also get money from people hunting/fishing there. But I guess if you have to pay someone to maintain the forest all the profit will go away with it. Same goes if you let people cut the wood for free.
I actually would love to buy a piece of land WITHOUT forest and plant lots of trees with my children, such that they will suck in and lock carbon from the atmosphere. Then maybe one day in 70/80 years things are better and my children’s (grand)children can decide to cut down the trees if they want to.
So the question is now: “when do we reach the top of the rebound?” 
Good chance it will start reversing already today. I may sell a tiny bit today only to have firepower in case there is another leg down way ahead.
I have a feeling most of you guys have no idea what you’re doing, but you think you do. Sell all, before it crashes, buy on margin, short, read news, profit from panic, prepare for panic etc etc. If you get any success at all it will be due to luck, but it will make you believe in yourself even more. It’s fun to discuss, but when someone starts acting then it can end bad. Act to your long term plan and don’t gamble your money in the market!
Nice of you to share. I just sold a part of TUI at 32% profit and a large chunk of the european listed ETFs I bought on margin with ~15% profit.
The worst thing that could happen is not being wrong but being right!
This will harm you in the longterm thinking you know better and start pulling out when markets are doing great.
If you have relevant knowledge, experience and skill, or if you simply believe in your exceptional talent… at least give us the courtesy of not encouraging people who do not have it, to make some dumb mistakes. You keep writing with confidence how you predicted this or that and it’s great, good for you, but how are we supposed to learn from it?
No I have not predicted anything and I never said I have. Don’t be so sour about it. The only thing I kept on saying is that I’m buying at every 10% drop and selling with 20% gain (I admit to have hurried a bit with selling some today, but it only concerns a part of my assets)
You could say that about any chemical element. The supply of gold increases every year as more gold is being mined and very little gold “disappears”. Most of the gold “used” by electronics is recycled. It’s one of the great advantages of gold as a material: it doesn’t oxide and it is easily maleable.
The demand for gold in electronics will probably decrease over time as graphene becomes more cost effective. Now, gold will always remain shiny and humans love shiny things.
It will probably remain a store of value for private investors and central banks. But there is no intrinsic reason for the value of gold to increase over time. It very well could be worth the same in 30 years (inflation adjusted) but it could also be worth 80% less, as it has happened between1980 and 2000.
I had a talk yesterday with a friend. This lady worked previously for a bank and still has the mentality. She asked to me if I sold any position in this crash and she seemed really disappointed that I did not sell anything.She explained that you could do a lot of money by selling high and buying low or even getting short position. My vision is that so far I never was in negative with the long term portfolio respective to January 2016. If I get in negative I guess it will not be for a long period of time and this shows that stock picking at the right time has a probability of only few days on a time span of five years. My question in agreement with the title of the thread.
Are you convinced you are able to get in this market the correct day?
The probability to be correct is few days over a time span of five years.
Good luck gentlemen.
sell everything and buy TSLA!!! +100% guaranteed! 
Glina this means you will have to pay taxes on your gains, right?
VT is almost +5% in pre-market. +10% yesterday… I almost passed an order on Monday. It is hard to not feel a little bit of FOMO even though it would have been a very small amount. I certainly do not feel like passing an order today…
I wonder if I should just be simply happy with racking some VT at decent discount with a P/E around 18 instead of trying to find a bottom…
@glina happy this TUI trade worked out for you…
Where do you see such a premarket price? As I see it, futures for the market are actually quite a bit down
SP500 future is down -1.50%.
JETS are packing nicely as well so far 
Also +33% here :-), although it faded a little bit from premarket highs.
Yep, seems to be turning. Funny how that makes me both happy and unhappy at the same time.
I agree to this. While this crisis is of epic proportion and thus justifies such an emotional discussion which can be witnessed in this thread, I keep thinking a lot of what I’m reading here is the opposite of some of the statements from a few months ago. Ie what you said: have a plan, write it down, try to stick to it.
Instead what is going on in here is pure daytrading and speculation and not really anything to do with investing.