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When I saw the articles in my local newspaper over the weekend of this happening, I figured its almost time for me, a fresh college graduate, to jump into the m

When I saw the articles in my local newspaper over the weekend of this happening, I figured its almost time for me, a fresh college graduate, to jump into the markets. But considering how profound the issues of Chinese Real Estate bubble are - they were paying people to make it look like empty, recently-built, luxury apartment complexes had people actually living in them - I think the worst is yet to come and I'm still waiting.[0] [1] [0] RE Homes: http://www.wsj.com/articles/more-than-1-in-5-homes-in-chinese-cities-are-empty-survey-says-1402484499 http://www.wsj.com/articles/more-than-1-in-5-homes-in-chines... [1] RE Apartments: http://www.economywatch.com/economy-business-and-finance-news/200-million-empty-apartments-chinas-complex-property-market-21-12.html http://www.economywatch.com/economy-business-and-finance-new...

kchoudhu 11y ago
I'll tell you what I told my little sister (who is in your shoes, i.e. just starting to save after graduating from college): you won't be using the money you're investing for 30+ years. Just invest, stop trying to time markets. It's going to be okay.
distances 11y ago
Just start monthly investments into index funds / ETFs. Start with small sums if that makes it better, but do start with monthly (automated?) investments. I kind of hope someone would have pointed me to the right direction years earlier. In case you're worrying of buying at the top: it's still a good idea. There's a very nice article [0] of what would have happened to an imaginary investor if he always bought at market peaks only, and held between the peaks. [0] http://awealthofcommonsense.com/worlds-worst-market-timer/ http://awealthofcommonsense.com/worlds-worst-market-timer/
svachalek 11y ago
The "ghost cities" stories are really popular on some sites but if you want another point of view: https://www.youtube.com/watch?v=AyBBQ-wF87M https://www.youtube.com/watch?v=AyBBQ-wF87M I do believe that Chinese real estate is in a bubble but the markets there work very, very differently than they do in the West so it's best not to try to infer too much from 10:00 news stories.

kchoudhu 11y ago

I'll tell you what I told my little sister (who is in your shoes, i.e. just starting to save after graduating from college): you won't be using the money you're investing for 30+ years. Just invest, stop trying to time markets. It's going to be okay.

distances 11y ago

Just start monthly investments into index funds / ETFs. Start with small sums if that makes it better, but do start with monthly (automated?) investments. I kind of hope someone would have pointed me to the right direction years earlier. In case you're worrying of buying at the top: it's still a good idea. There's a very nice article [0] of what would have happened to an imaginary investor if he always bought at market peaks only, and held between the peaks. [0] http://awealthofcommonsense.com/worlds-worst-market-timer/ http://awealthofcommonsense.com/worlds-worst-market-timer/

svachalek 11y ago

The "ghost cities" stories are really popular on some sites but if you want another point of view: https://www.youtube.com/watch?v=AyBBQ-wF87M https://www.youtube.com/watch?v=AyBBQ-wF87M I do believe that Chinese real estate is in a bubble but the markets there work very, very differently than they do in the West so it's best not to try to infer too much from 10:00 news stories.