1) I use margin when I think there are attractive buys. There aren't attractive buys unless prices go down.CCHIPSS wrote: ↑Oct 11th, 2018 11:53 amYou are going to use margin during a possible start of a bear market? Are you trying to invest, or are you trying to gamble your life savings away.
We don't know if this is going to be bear. But during every bear market, there are people that use margin and ended up bankrupt, losing their house and all their assets.
If you time it perfectly, then of course you would win big. But it is funny that these are often the same people who yell at others for selling, asking "can you time the market"? Apparently those that sells early cannot time the market, but only those that uses margin to gamble everything away can time the market. (No offense to anyone of course. I am just saying we invest differently.)
I suggest this about investing: Taking a few punches is OK. But never take knockout blows.
2) I have a specific plan for margin and I'm not "gambling my life savings"
3) I don't think I can time the market or pick a bottom. Instead, I look at projected forward returns and buy when they are attractive (see #1).
Have you ever thought about ways emotions interfere with a persons ability to invest?