The bottom line is there's absolutely no where to put your money but stocks . 10 yr bonds pay 1/2%. 1 yr cd at like 1/2% now. Real estate illiquid and with job loses prices will drop. Heck people who bought 4 weeks ago make 30-50% if they flipped.. Would you rather sit in 1/2% for a yr or trade some stocks and have a shot at 20% many times in weeks?
Absolutely not, especially if it was always possible to time the market trade could there be another correction looming, another buying opportunity - sell before the next drop ... it's a guessing game.? did you buy on March 23 or sometime between Jan 2 - Feb 20? my take is putting money into the stock market is a crap shoot, win some, lose some, total guessing game, at times HODL. Long term quality stocks should work out OK. it's picking the the right ones that will make folks money in the short, medium or long term - you'd need next years market update today to be 100% right. that's why some folks go with ETF's over single picks. as for the folks that bought 4-weeks ago, it wasn't possible to know then that the market would come back - it could have gone the other direction. for those that had the crystal ball on March 23, did OK, for those that bought on Feb 20 that didn't unload on March 23 are still waiting for the recovery.
I was buying on February 23 and I was buying on March 23. Both were OK to me, can not say I am in perfect shape because I also have long positions however I did not sell them...
%% Exactly; even though forclosure in some states /may take longer than 2/3 months. In TN, last I checked, not being judgemental, but right of redemption is 52 weeks/property tax forclosure anyway. Look like some ETfs are not going up much more or so slow to go up LOL=forget it= RUSS. Not being judgemental- any thinking person has to use discretion/judgement all the time. Even sys traders have to be judgemental on position size; they may not name that being judgemental= that's OK. Good news from my Nashville based bank- 0.05 % paid on/savings but they now pay that monthly , not quarterly/LOL...…………………………………………………………………………...
We're not in a bubble; there hasn't been an index wide bubble since the Nasdaq in 1999. Certain areas of the market may be in a bubble ( eg Canadian pot stocks last year, some IT firms are pretty rich now ). It's all irrelevant anyways even in January there were value stocks severely lagging the market and some of them are super cheap now. Some Canadian banks revisited price levels from the year 2010 and their earnings and dividends are much higher now.
%% '99 a bubble?? I call that good tech trend/QQQ anyways. RUSS had a terrible drop, but that maybe inverse rather than crooked commie/oil related?? Ray dallio was on NPR/fake news, guilt tripped on ''failure of capitalism'' HUH?? Oil may seem like a failure of capitalism/some heavy debt driller or DAL sector, but DAL went bankrupt once+ most likely have not learned their lesson. But DAL has good customer service. Bill gates/MSFT doesn't seem to be guilt tripped on his billions, but he is a full time giver...………………………………………………………………………………………………………………………..