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Well it was making sense to me until you said it out loud like that…
In the spirit of diversification I do buy a euro millions ticket every Friday.
But anyway I certainly don’t recommend this approach, I have tried to learn how to handle the spikes and drops over the last 20 odd years and generally got better at it (selling more on way up, not feeing decision regret when it continues on up without me on board, and overcoming my fear to buy when there are big drops after the spikes, but really seeing it as practice for an eventual mania type scenario where the biggest gains may be available).
I have begun to diversify and also re-reading the classics on value investing and stock picking which is what might be important in the 2030s (it has not really been in favour for a while with the momentum (and meme) driven investing that has recently dominated, but post crisis may come to be the best strategy).
Has it done ok for me - yes but not brilliantly
Would I have done better with a 60/40 stock bond index tracker managed fund - maybe
If I was not doing this would I have spent the last 20 years chasing hot markets and bubbles and lost money - probably, because I have a tendency to think I am cleverer than I actually am when it comes to markets
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user116219
t-v
Not sure if I am reading this correctly. Your retirement planning is based on timing a bubble on gold? Seems quite high risk if I understand it!