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Specifically recommend buying SPY (tracks the S&P). Then with a smaller subset you can speculate on individual companies/stocks after doing research.
by nodesocket 7y ago
Specifically recommend buying SPY (tracks the S&P). Then with a smaller subset you can speculate on individual companies/stocks after doing research.
- o-__-o 7y agoAt all time highs? sure investing today will guarantee a return in 15-30 years.. but there are smarter ways to diversify your gains (and losses) USG bonds may be a worthwhile investment over the near term. Invest less in equities right now so you can average down further and faster as the market cools. Or invest outside of the market (there is crowd funding for small businesses like nextseed)
- liveoneggs 7y agothere is no guarantee
- marketgod 7y agoThe market is trending will right now we are looking at higher highs. My system suggests it and has been right when everyone was running away from the market in 14/16/18. You should read the worlds worst market timer [1]. For most people the best way is to just put all their money in stocks. Obviously not just SPY, maybe a world index, SPY and bonds. This way you can sell the bonds if the market drops and use that for living expenses, or to average out the downturn. [1] https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ https://awealthofcommonsense.com/2014/02/worlds-worst-market...
- icedchai 7y agoWhenever the market drops, I put more in. October - December, 2018 was tough, but I invested more. And it paid off. I had months where I've lost, then gained, more than I take home in a year. 2008 - 2009 was bad, but I put more in then, too. The reality is that the "great recession" created the foundation upon which I built a small fortune.
- o-__-o 7y agoThe Great Recession was an epic transfer of wealth that we will not witness again in our lifetime