Must.....end....the....Federal..........Reserve. Their stated mandate is proving to be a false narrative at best.

You win the internet today.

Where's the "like" button on this forum?

work, work, work, contract, work, work, work, bidding, work, work, work...

There's plenty of APC to be had elsewhere if this isn't your bag.

Every pilot is a closet MBA, they can all run an airline better than the people running it.

If you can't fly, you instruct, if you can't instruct, you check, if you can't check you manage. If you can't manage, you take a jump with a golden parachute. That's the running joke.

Pilots of success are type A, and inline with the psychology its only fitting to believe it can be done better in another way.

/s on my post. I'm just as guilty.

The difference being, some of us actually have a MBA, and even retired early from other successful careers to fulfill the dream of being a professional pilot despite knowing that we would never get paid our true worth. But that's ok, because we know how to make money elsewhere (and do).


Meanwhile...back at the OP topic...


http://s14.postimg.org/fql2bvltt/S_PBar_Chart.jpg

Btw, for those of you who don't know, the price chart above is a 5 year view of the S&P 500, with each individual price bar representing approx. 2 months of trading.

Note how the multi-year trend has been decisively broken in Aug. of last year, with current price now heading below the lows of last year.

Sometimes timing isn't all that difficult, esp. when you trade on a multi-year basis (vs. day trading, for example). There are ample clues to tell you when it is prudent to move to cash, and when to be invested.

Like flying, anyone can learn how to do it. Like flying, most don't bother to learn how.

There has NEVER EVER been a 10 year period where the market was down as a whole.
. Invest in Index Funds and don't sell to lock in the losses. I'm already maxing out 401k and will continue to do so. As well as continuing to invest.

It's not about timing the market it's about the time In the Market.