Y
Hacker News
new
|
ask
|
show
|
jobs
by
shostack
3661 days ago
Isn't that in essence trying to time the market?
1 comments
jonknee
3661 days ago
On the other hand it is buying low and selling high. It's a fool's errand to try and sell at the exact top (or buy at the exact bottom), but if you're already up nicely you have done the hard part.
link
shostack
3661 days ago
Sure, but you're still trying to time the market.
link
hiram112
3661 days ago
Yes you are trying to time the market but interest rates cannot go any lower, literally.
In hindsight, it will have looked obvious.
link
shostack
3660 days ago
Actually, they can go negative like Japan. Which I guess would push asset prices even higher?
link