Comments on: Investment Tips – Invest at the Point of Maximum Pessimism https://www.moneyahoy.com/investment-tips-invest-point-maximum-pessimism/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.23 By: 42nd edition of the Carnival of Financial Independence - Money Rebound https://www.moneyahoy.com/investment-tips-invest-point-maximum-pessimism/#comment-7682 Wed, 16 Apr 2014 22:29:07 +0000 http://www.moneyahoy.com/?p=1614#comment-7682 […] Chamberlain @ MoneyAhoy writes Investment Tips – Invest at the Point of Maximum Pessimism – I discuss this investing tip and recount a personal story of how I tried to time the market and […]

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By: Derek Chamberlain https://www.moneyahoy.com/investment-tips-invest-point-maximum-pessimism/#comment-4050 Tue, 17 Dec 2013 13:35:10 +0000 http://www.moneyahoy.com/?p=1614#comment-4050 Martin,

Thanks for stopping by 🙂 I wish I would have taken a page out of your book and continued to invest during the crash. I hope that when the next one comes I’ll keep cool like you and continue to invest!

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By: Martin https://www.moneyahoy.com/investment-tips-invest-point-maximum-pessimism/#comment-4041 Tue, 17 Dec 2013 05:03:25 +0000 http://www.moneyahoy.com/?p=1614#comment-4041 it is what Buffett teaches. Basically you have to be a contrarian and invest when there is blood on the street.

But, that is something extremely difficult to do! Our emotions get involved and we are screwed! We screw ourselves and start panic. That’s why a plan or strategy is very important and follow it during those crisis.

I also invest in my 401k as well as ROTH and taxable account. The only 401k was the account which I ran thru the 2008 crisis, so I can use its results as an example. Basically I am back and better than before crisis as I continued investing and buying during the crash. All those holdings recovered greatly and exceeded my initial value greatly too. Of course, this approach can be used when you are still in accumulation phase. When you are 1 or 2 years before retirement, you should have a different approach to protect your portfolio. But now, I welcome these crisis!

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