long term I mean 10, 20, 30 years.
Some people say yes, because my horizon are these years, long after trump is gone, but I wonder if I should wait till after the midterms or after the presidential election.
Yes. Dollar-cost-averaging continuously into a diversified total market index-based fund beats the vast vast vast vast majority of non-insider-traders. Check out the boglehead philosophy of investing. And the logical conclusion to it, the VT and chill strategy.
There are three ways to make money in the market. Gamble, know the result beforehand, or dollar cost average. The second and third options have a 100% success rate and I’m not a senator so I know what I picked.
As a non-native english speaker, your first real sentence very much broke my brain. Good point, tho
same lol
It is pretty grammatically complicated, I had to read it a couple times as a native speaker. Don’t be disheartened!
I’m native, would you mind explaining what difficulties you had so I can consider it in my responses?
Just a food for thought eery election brings a rally in the stock market. No matter who wins the market will be up.
If your time frame is 10-30 years you can jump in any time and expect a decent return by the end. Timing the bottom is quite tricky. With your extended time frame it wouldn’t be the end of the world if you miss the bottom.
If you still want to try though, familiarize yourself with what’s going on at central banks. Why and what actions they take and how those actions impact markets.
Then you’re up to speed with the rest of us wondering if Warsh can even do what Cheeto wants or of the board will outweigh him.
Every Republican president in my entire lifetime has caused a major economic disaster by the end of their presidency. I would hold off for that reason.
Do you not think that has happened? Now seems like the right time to buy, not to mention that the best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.
We’re about to experience a great depression when this oil shock really takes effect. We’re burning through strategic reserves faster than ever before. There won’t be enough fertilizer to feed the earth’s population. Millions will starve. You’ve got bigger things to worry about in the next 2 years. Good luck.
The right time to buy is when the market is low.
The best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.
When exactly will it be low enough for your perfect moment?
When they raise interest rates to counter inflation and unemployment.
General markets aren’t that bad right now. We’re still going up. It just has all the signs of becoming bad soon.
