Sometimes its good to take gains and move it somewhere secure.

Yep sold some calls and 25% in cash now.......jk

LOL, read the last paragraph.
He's been warning of a tumble the last 4 years.

That said, eventually, he'll be right.

His last name is shilling,,,, lol

Get an end to Iran and gas goes down, I think there will be a boom.

You are probably right, but it needs to happen fairly soon before too much damage is done.

Wrap up the Ukrain fiasco and removing Russian sanctions would help also

A one person prediction and he writes many articles for his advantage to get richer. People eat that stuff and money made for who every reads them. No one can predict what the stock markets will do.

Stock market started in America in 1872 and has been the longest running single business in America. The markets are ebb and flow system and if his prediction which I never read, but what percentage does he say it goes down too??

I won't be selling anything and holding pat if there is any storm on the horizon. You sell you pay taxes on all gains so not worth the trade for me. What goes down will go back up and more. The problem none when do you buy back in?? That strategy sell and buy back is never a winning game.

There is aa drop at least every ten years and always someone calling for it. With evaluations and geo political issues along with the rest of the economic info I thought we should have had a larg correction that lasted longer before now and im not referring to knee jerk reaction to tariffs.

Im glad I have not just sat on the side line though I would have lost purchasing power and missed out on nice gains. I do have about 8 to 10 % in cash ready to invest when the drop comes. I have basically been about 60/40. 60 % dollar cost averaging into index funds 40% timing the market. Short term the last 3 years its worked out and I have beat the market by 2 to 3 % each year. I have gotten lucky its not knowledge or skill.

But almost every stock I have sold taking profits if I keep them instead I would have made much higher gains. Except one.

If both wars ended it would be a super boom, no guessing.

The Ukraine war will probably go on for years unless something happens to Putin.

Taxes depend on your account type. Retirement counts dont have the yearly tax drag roth has zero. Youth stands on knowing where the top and bottom are I 100% agree with. So during dips I have my starting buy point and start buying and have more buy orders in at lower amounts.

Keeps me from geting two excited and taking to large a bite at what may higher price than I could have bought at . But if it bounces back up I dont buy as much as I was wanting so may not be the best approach. But after buying a large amount (for me) of one stock all at once and have it drop and stay much lower for a year before geting back above where I bought it at the nibble on way down approach and dollar cost averaging work well for me. My approach will likely continue to change and evolve as I gain experience and education.

The Compounding Advantage
The stock market benefits from compounding, which labor does not.

Labor is linear: You trade one hour for X dollars. You cannot "compound" your Tuesday shift into a double-sized shift on Wednesday without working more.

Capital is exponential: Your investment earnings generate their own earnings. Over 30 years, a modest investment can dwarf a lifetime of salary increases.

Wealth is gain by ownership and investors make more money not working then the actual person working everyday. Since 1872 the birth of market trading the average percentage gain per year is 7 to 8%. The increase in wages has had an average increase of 1 to 3% through times. Through bad or good years in the markets if you don't have to sell to put food on the table is of great value even at a lost year of gains. Compounding in the markets is where you want to concentrate your efforts. Selling and buying back in isn't a path to wealth.

Depends on age too. Especially if retired. Totally different than how a 30 year old handles the market dips.

^ never to late to build, but yes you you need seed money to start with. Even 10 years of building and not selling and continuing the growth/compounding will build a nice stash.

Some started the game to late and have to sell to eat and live. Those are behind the 8 ball and wealth in the financial world may never be a reality.

Nobody ever went broke taking profits

What happens after,,,, is another story

^ awe nope, never went broke!

That's not what I'm talking about. Sometime you have to sell and take gains to preserve your wealth. The cash can be put into something more conservative and liquid to ride out a down turned market. A 30 year old has time to wait it out for the rebound. An older person does not. Using the cash that made you money instead of pulling from the market that dropped. Keeps you from losing.

If your close to retirement you should move enough funds to cover a few years expenses into safe investment. Like a bond and cd ladders and divide paying stocks staggered so each month/ quarter enough come mature/ pay out enough you can cover your bills. This will keep you from needing to sell in a down market. And if you dont need the funds that month re invest them. At least this is my ball park plan but heavy on dividends paying stocks and etfs. Will it work out in practice like it does on paper ? I have no idea but the idea odf needing to sell assets to fund living seems like a bad place to be.

For me I never want to sell the cash producing assets or principle and only live on the proceeds of the investment s. The problem with this is the amount of capital need to have invested is quite large.