(Quite literally the antithesis of anything Parenti)
I just got a raise and have some money to waste. Should I dump it now or wait until later? I'm hoping it might help me pay off some of my loans
It was down pretty big Monday, but I'm guessing the crash that people have been talking about for the past five years will be bigger
i'm personally waiting with my little piece of "investment savings". everything is basically a race between inflation % from sitting in savings vs. stock market. wait until the fed raises interest rates because it might result in a big downturn.
Yeah I'm hesistant as well. I've seen some days where it's been super down, but then it rebounds the next day
I'm guessing you won't be able to miss it when the "big one" comes
yeah the big one should be evident. only challenge is knowing when it actually stops dropping and levels out.
That's a good point
Who knows, maybe it'll be on pause until after we're dead. It didn't take much for the fed to turn everything around when it crashed the day coronavirus was found in the US
i'm coming around to the (maybe) paranoid theory that they are going to raise rates to smother the growing labor movement in it's infancy by triggering a short, sharp recession. i think it's going to backfire
Open an account and invest $50-100 a day into a index etf until the money is invested. Here is a good list.
https://www.investopedia.com/investing/top-sp-500-etfs/
Dollar Cost Averaging will smooth out any major volatility in the markets.
https://www.investopedia.com/terms/d/dollarcostaveraging.asp
ehh i just throw chunks of money into SPY. i just have some set aside as sort of a "break glass if market crash". it's money that would be part of my emergency savings anyways.
Add Dow Jones and the Russell 2000/3000 index and that is the holy trinity for index fund investing.