Will there be a stock market correction?

Look for the market to plummet and inflation to really take hold when the free handouts and lockdowns are over for good. When landlords evict tenants, when businesses close and go bankrupt, when people start losing the employment insurance money for sitting at home doing nothing. It could still be a half dozen more months or more depending on how things progress or regress regarding the covid, lab created weapon, agenda based pandemic.

Nah the market is never going to correct, that would imply that the market is wrong and needs correcting and as we all know the market is never wrong therefore no correction is necessary.

Every single day of trading is a correction in some sense. They buy and sell stocks for the value they see on that day as opposed to the day before.

"Agenda based pandemic"?!?! Someone is watching too much BitChute !

Will there be a correction? Always.

What you're asking about doesn't make any sense. You can choose what to have your money invested in or not in your 401k. You could invest it all in bonds if you wanted. Trying to time the market like that is more like gambling than anything else, and you probably won't be successful. Of all the times that I've tried this kind of thing, I would have just been better off staying invested in large market tracking funds long term and not messing with anything. Sometimes I won and sometimes I lost, but overall I have just broken even relative to the S&P 500.

Just reinvest it ASAP. Research suggests that’s the best thing to do. Hardly anybody can accurately and consistently predict what an individual stock will do, never mind the whole market.

People lose far more money waiting for the market to drop than from it actually dropping.

Steve The Addict^^^^^^^------- wrote:

Look for the market to plummet and inflation to really take hold when the free handouts and lockdowns are over for good. When landlords evict tenants, when businesses close and go bankrupt, when people start losing the employment insurance money for sitting at home doing nothing. It could still be a half dozen more months or more depending on how things progress or regress regarding the covid, lab created weapon, agenda based pandemic.

Found the guy who doesn't understand how the market works

WinnytheBish wrote:

Steve The Addict^^^^^^^------- wrote:

Look for the market to plummet and inflation to really take hold when the free handouts and lockdowns are over for good. When landlords evict tenants, when businesses close and go bankrupt, when people start losing the employment insurance money for sitting at home doing nothing. It could still be a half dozen more months or more depending on how things progress or regress regarding the covid, lab created weapon, agenda based pandemic.

Found the guy who doesn't understand how the market works

Hey buddy, guess what, I shorted cardano and made 75k last week alone. If I don't know how the market works, I wonder how much the people who do know are making. But hey, when you become exceptional like me you will understand how a lot of people doubt you because they don't understand or comprehend success themselves. Im not saying you fit this description, just pointing out that when you're successful, people that don't understand why and how (generally the unsuccessful or "average at best" demographic) have misperceptions galore.

The answer to your titular question is always Yes, and you can not time a correction to come out ahead on average.

Of course there will be a correction but nobody knows when. No one predicted covid or the covid correction. Just reinvest it now and stop worrying about it.

I always go to the Let’s Run message boards for all my financial advice.

It will surge a bit more to lure amateurs and panic buyers/sellers in. This is the demographic the market wants to expose and take their money. Being late to the party is what the market wants as well. Then it will crash, meaning more panic selling occurs. The sharks who aim to "buy the dip/buy low" eventually won't get rewarded generally speaking, at least not immediately, unless they're willing to hold for years through an economic recession.

Steve The Addict^^^^^^^------- wrote:

WinnytheBish wrote:

Found the guy who doesn't understand how the market works

Hey buddy, guess what, I shorted cardano and made 75k last week alone. If I don't know how the market works, I wonder how much the people who do know are making. But hey, when you become exceptional like me you will understand how a lot of people doubt you because they don't understand or comprehend success themselves. Im not saying you fit this description, just pointing out that when you're successful, people that don't understand why and how (generally the unsuccessful or "average at best" demographic) have misperceptions galore.

Post screenshots of these trades on twitter under the same handle today or you're full of it.

This headass posting on the boards from his moms basement.

There will be a correction. Don’t try to time the market. Just buy and go long. Especially if you won’t be withdrawing/retiring from said investments for another 20 or 30 years.

Steve The Addict^^^^^^^------- wrote:

WinnytheBish wrote:

Found the guy who doesn't understand how the market works

Hey buddy, guess what, I shorted cardano and made 75k last week alone. If I don't know how the market works, I wonder how much the people who do know are making. But hey, when you become exceptional like me you will understand how a lot of people doubt you because they don't understand or comprehend success themselves. Im not saying you fit this description, just pointing out that when you're successful, people that don't understand why and how (generally the unsuccessful or "average at best" demographic) have misperceptions galore.

How do you short crypto? How much did you risk to make 75k? ADA is back to 2.86 now, will you short again?

I have 23 ETH, really wish I bought ADA instead. Oh well.

I think I'll reinvest ASAP 'cause I'm not good at timing things, and in 30+ years it won't make much of a difference.

Generally it's not a good idea to try to time the market. You're playing with your retirement savings, and chances are that you'll end up making money if you put your money in the market now and hold till you retire.

If you think the market is going to have a substantial correction soonish, you could look into volatility ETFs. They basically go up if the market goes down.

I'm in SPXL (which is a 3x leveraged ETF i.e. if the S&P goes up 1%, SPXL goes up 3% and if S&P drops, SPXL drops x3). You can get leveraged volatility ETFs which can go up by 2-3x if the market drops. I haven't, but you could put some money in those if you think the market will drop and you'll make a good bit of money.

I'm up ~50% in SPXL and ~60% in TECL since January, but if you want to bet there's gonna be a correction then throw some into volatility ETFs, just don't hold onto all of your savings in cash.

A large chunk of your savings into a market tracking ETF, and then some in riskier buys like leveraged ETFs might be a good way for you to ensure you are protected if the market goes really far in one direction really quickly.

WinnytheBish wrote:

Steve The Addict^^^^^^^------- wrote:

Look for the market to plummet and inflation to really take hold when the free handouts and lockdowns are over for good. When landlords evict tenants, when businesses close and go bankrupt, when people start losing the employment insurance money for sitting at home doing nothing. It could still be a half dozen more months or more depending on how things progress or regress regarding the covid, lab created weapon, agenda based pandemic.

Found the guy who doesn't understand how the market works

Yeah, listen to Steve_the_addict and his advice of holding cash when inflation goes up instead of stocks.

investing noob wrote:

I started a new job and started to roll over my old 401k into the new one. The funds were liquidated a couple weeks ago and I received the check in the mail. It's good for 180 days.

Should I forward the check to my new 401k right away, or try to time a correction in Sept/Oct? I've already missed out on some gains.

Yes...do it right away. Not even a question.

If you don't invest your money, it will be corrected downward a couple to several percent every year.

There's not many options for staying ahead of inflation, other than stocks, real estate.