[andrewmcwatters]

Equities also lose and gain value. There's a reason to hold cash when it's preferrable to lose real, time and inflation-adjusted, value versus losing to speculative equities or other securities.

But go ahead, downvote me since you and the rest seem to think any asset is better than cash.

Which, of course, once again, isn't true.

You can buy bonds with real coupon rates worse than inflation; you can buy speculative equities whose YoY return nets negative.

But yeah, cash is bad, cash is bad. Buy assets no matter the value!

Go buy Pokémon cards! Right? I mean you guys are so smart, why hold cash? That's basic personal finance!

I bet you also like to tell people "don't time the market, it's time in the market," right?

There's no such thing as the "Lost Decades," that's a spooky Halloween story.

In fact, you're right, go invest in Keurig Dr. Pepper, or no no, how about Kraft Heinz. Those did so well compared to just holding cash.

What about real estate, huh? How about AirBnB? That better enough than cash for you? Not a fan of real estate?

How about Warner Bros Discovery? Yeah? That better than cash?

You could have lost money constantly on GameStop, but wait, there's more, you can go still lose money on it today! Why hold cash?

[Pooge]

> I bet you also like to tell people "don't time the market, it's time in the market," right?

That's right.

> In fact, you're right, go invest in Keurig Dr. Pepper, or no no, how about Kraft Heinz. Those did so well compared to just holding cash.

You're either trolling me or don't know anything about modern personal finance. If you're willing to get out of your cave and open your worldview a little bit, I recommend reading the Bogleheads wiki.

Your argument is also flawed, as cash still lost some of its value. As it always did.

Also, comparing cash to investment in specific companies stock is an unfair comparison. USD vs S&P500 index is a fairer comparison.

It's fine if you yourself prefer to hold cash for whatever personal reasons you have, but please stop talking nonsense. A comparison of any currency in the world vs a roughly diversified index would invalidate all your points.

[immibis]

Buying or selling stock is always timing the market.

[Pooge]

Absolutely not. Most of the investors are regular people who need the money for their retirement. They sell stock when they need the money to live.

Stop thinking that investment is like in the movies where everyone watches their portfolio value 24/7, please.

[immibis]

So you're asserting that now is good value, relative to when you're 65. That's timing.

[Pooge]

Not at all. Buying and selling on a fixed schedule regardless of the price of the asset is absolutely not timing.

Let me take the Investopedia definition[1]: "Market timing is the act of moving investment money in or out of a financial market—or switching funds between asset classes—based on predictive methods. Market timing is the opposite of a buy-and-hold strategy, where investors buy securities and hold them for a long period, regardless of market volatility." (emphasis mine)

[1]: https://www.investopedia.com/terms/m/markettiming.asp

[andrewmcwatters]

> It's fine if you yourself prefer to hold cash for whatever personal reasons you have, but please stop talking nonsense. A comparison of any currency in the world vs a roughly diversified index would invalidate all your points.

No, it wouldn't.