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.

  • hperrin@lemmy.ca
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    25 days ago

    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.

    • SpaceNoodle@lemmy.world
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      25 days ago

      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.

        • SpaceNoodle@lemmy.world
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          25 days ago

          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?

          • sneaky@r.nf
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            23 days ago

            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.

      • Nonconfrontational@lemmy.ml
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        25 days ago

        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.