Racket, PhD wrote:
Racket, PhD wrote:
seattle prattle wrote:
Hey guys, I have a question. I'm sitting on about 57k in the bank but I feel really uncomfortable with investing in this market. Prices seem overvalued to me. Do you think it's safe to invest now? What should I do? Should I wait until the next crash or correction then invest?
Also, what about the restrictions on evictions being lifted June 30th? What effect is that going to cause in the market?
anyone telling you when is it is safe or not safe to invest in the stock market is guessing.
check the first post on this thread then check where the Dow is today.
That post would have been happy to give you investing advice that day. But it would have been terrible advice.
pick a time horizon and invest appropriately. With the understanding that every 5 years or so the market will lose 30%+
Good advice. For the most part, I have been holding at these levels.
Interesting that value may be up today, tech, flat,....but small caps down. Granted, they are coming off of a generally very good week or so, though.
At these levels, i would probably look at dollar cost averaging in slowly if i couldn't wait for a pull-back.
So given the unpredictability of the market
Stocks only go up
why do you say that racketcini?
seriously. You know they don't always go up. What are you trying to get across?
lol what kinda chart are you looking at agip?
name a single time stocks have gone down in the past ten years and didn't immediately shoot to ATH within like at least 3 months.
GDP growth this year is gonna hit 8% and the Fed is hoping we get a bunch of inflation to make up for lost ground and boost wages finally so they're keeping rates at zero. Notice also how no one cares about the possibility of higher corporate taxes too
come on man, Japan and Europe have had stocks go nowhere for decades. Including the current period.
The US has had stocks go nowhere for 10+ years. Including the period ending circa 2010.