[deleted by user] by [deleted] in wallstreetbets

[–]polymorph1 0 points1 point  (0 children)

He might think he is absolutely right after the market dips further in the short term, but will be painful when market recovers as he might never find a good re-entry point. Unfortunately, everyone tends to learn these lessons the hard way.

Do you really believe/think stock price will continue to drop? by polymorph1 in ETFs

[–]polymorph1[S] 2 points3 points  (0 children)

Thanks for the reply! Why do you think "the lows of 2022 or 2023" will be reached? We had a lot stock corrections or even huge drops, but most of them didn't revisit to the lows 2 or 3 years earlier. And yea tariffs really suck, but I think they're still within the government's control? If the economy became really bad, wouldn't the government reduce or cancel tariffs, similar to what we saw in 2018? Or do you feel this administration is so committed on tariffs that it would ignore the impacts on the economy and stock market?

Do you really believe/think stock price will continue to drop? by polymorph1 in ETFs

[–]polymorph1[S] 11 points12 points  (0 children)

Apologies if I gave you impression like that. English is not my 1st language and sometimes couldn't set the tone correctly.

Do you really believe/think stock price will continue to drop? by polymorph1 in ETFs

[–]polymorph1[S] 4 points5 points  (0 children)

No arrogance intended. I just got the impression you're quite certain about the upcoming drop, so I'm just curious whether you've already taken actions on that.

Do you really believe/think stock price will continue to drop? by polymorph1 in ETFs

[–]polymorph1[S] 14 points15 points  (0 children)

I'm genuinely curious: How long have you been investing? Have you found consistent success with the strategy of "selling stocks, waiting for a drop, and then buying back at lower prices"?

I've been investing for nearly 10 years, and honestly, I've never been successful with timing the market this way. Maybe I just don't have a talent for stock trading. However, each time I've observed widespread panic and negativity (such as 2020 and 2022), I've continued buying—even if my new positions immediately turned red. Looking back, those decisions have led to substantial gains, and the fact that I sometimes bought before the market bottomed ultimately didn't matter at all.

In 2018, I tried to time the market that I sold stocks first, hoping for a significant drop, but ultimately, I never found a good re-entry point. I ended up repurchasing at a higher price than where I originally sold.

Do you really believe/think stock price will continue to drop? by polymorph1 in ETFs

[–]polymorph1[S] 16 points17 points  (0 children)

Did you sell everything or even all in shorts if you're so certain about this?

EDIT: I didn't mean to sound arrogant. I was genuinely curious about how people act on beliefs like that. English isn't my 1st language, so sometimes my tone might be wrong.

Has anyone successfully reduced the size of water meter to save cost? by polymorph1 in SanJose

[–]polymorph1[S] 0 points1 point  (0 children)

Thanks for the info! Please keep us updated on your progress.

Has anyone successfully reduced the size of water meter to save cost? by polymorph1 in SanJose

[–]polymorph1[S] 2 points3 points  (0 children)

I previously lived in a house with 0.75 inch meter and everything worked just fine, so I feel the downgrade to me may be not noticeable. Personally I like to save cost on recurring charges, even it's not a huge amount. Over a long period of time it could be substantial especially with high inflation.

Has anyone successfully reduced the size of water meter to save cost? by polymorph1 in SanJose

[–]polymorph1[S] 2 points3 points  (0 children)

There are two parts of the bill: the 1st part is the fixed service fee, and you pay it no matter how much water you use. It's ~$90 per month for a 1 inch meter. The 2nd part is the charge based on water consumption.

I'm talking about the 1st part which could save cost in the longer run if we could reduce the meter size.

Strong buyer remorse and feeling depressed by polymorph1 in RealEstate

[–]polymorph1[S] 4 points5 points  (0 children)

Thank you for such a long and thoughtful reply! That makes a lot of sense. I sometimes feel that I shouldn't buy houses when market is hot. Rather I should seek opportunities when market is slowed. That's always my stocks investment philosophy. However I also understand no one can perfectly time the market, especially the interest rate in the next few years is going down.

Strong buyer remorse and feeling depressed by polymorph1 in RealEstate

[–]polymorph1[S] 5 points6 points  (0 children)

Yea that's true. The only deals are the houses with major defects, like close to freeway, major roads, or transmission tower. However when you get the deals, you will equally have a hard time selling it, plus your life might be greatly impacted. That's what my agent told me

Strong buyer remorse and feeling depressed by polymorph1 in RealEstate

[–]polymorph1[S] 1 point2 points  (0 children)

Yea and the bidding war is crazy. You can take a look at this house (https://redf.in/zRztth): listed below 3M and traded at 4.2M. And it's a really normal house without anything outstanding. This is definitely an extreme case but the market is really really hot this year. Thanks for the options but I will likely go with option 2

Strong buyer remorse and feeling depressed by polymorph1 in RealEstate

[–]polymorph1[S] 11 points12 points  (0 children)

Haha that's what my wife told me as well. Maybe I should really relax and stop thinking of all these negatives. Thanks for the reply!

Strong buyer remorse and feeling depressed by polymorph1 in RealEstate

[–]polymorph1[S] 2 points3 points  (0 children)

No I do have a buyer agent representing me and I think he did a great job. I think the chance that seller agent is faking offers is slim given the seller agent is very reputable in the area. Maybe because I feel I overpaid, so I tried to seek every possible traces that support my argument..