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Steelrolled

(2,022 posts)

1. I can't agree with them.

Reply to BigmanPigman (Original post)

Mon Apr 6, 2020, 01:01 AM

Apr 2020

For the average Joe, the best place is a broad market, low fee, index fund. If you are fortunate to have "not gotten around to" putting money in the market, count your blessings and do it now. Could the market have another big drop? For sure, but it will recover, and it will hit new highs, eventually.

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Is now the time to invest your $1,200 into stocks? [View all] BigmanPigman Apr 2020 OP

I can't agree with them. Steelrolled Apr 2020 #1

I agree, but even that isn't a great move right now Major Nikon Apr 2020 #3

THIS !!! uponit7771 Apr 2020 #13

Do not do it now, we're 2 weeks into a 2 - 8 month process by original CDC projections uponit7771 Apr 2020 #12

By the time we know we are out of the woods, the market will have already responded. Steelrolled Apr 2020 #22

I have more important things to do with it than long term investments... Wounded Bear Apr 2020 #2

Sure. Use your stimulus checks to bail out those assholes who bought into the market at Yavin4 Apr 2020 #4

Please explain the mechanism of how that would work. A HERETIC I AM Apr 2020 #5

From 2017 thru earlier this year, the markets posted artificial highs. Yavin4 Apr 2020 #6

I understand what you just wrote, but I don't see how that's an answer to my question. A HERETIC I AM Apr 2020 #7

Buy now helps increase their already artificially high stock prices uponit7771 Apr 2020 #11

Someone buying $1200 of stock does not move a stock price even a tenth of penny. former9thward Apr 2020 #15

The amount of movement isn't relevant to the posters answer that it does help is relavent even uponit7771 Apr 2020 #16

"The best move is to wait until it truly bottoms out." Steelrolled Apr 2020 #8

When you start seeing only negative stories about the market Yavin4 Apr 2020 #18

That happened about 10 times in the last month or so. Steelrolled Apr 2020 #21

I'm one of those assholes. mahatmakanejeeves Apr 2020 #17

Pretty much nobody who qualifies for Voltaire2 Apr 2020 #9

It's not that much of a risk Major Nikon Apr 2020 #20

NO !! A flat curve helps the hospitals not the economy or normality uponit7771 Apr 2020 #10

The best possible return on the money Chainfire Apr 2020 #14

As Wanda Sykes once said... backtoblue Apr 2020 #19