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I dont think its time to buy yet. If we have a multiple month disaster that requires quarantining most of the population the market will fall further.
by newfangle 7y ago
I dont think its time to buy yet. If we have a multiple month disaster that requires quarantining most of the population the market will fall further.
- A4ET8a8uTh0 7y agoAgreed. The temptation is there though. I almost jumped in today to capture some of that, but then I saw that the things I would consider are still very much overpriced ( nnn, berkshire, apple ). I may end up being wrong, but it seems like we are not near bottom.
- sgc 7y agoDon't buy after the first big city is quarantined. Maybe after the second or third... But know you are taking an incredible risk unless you are using funds you can hold in that position for years.
- tasuki 7y ago> But know you are taking an incredible risk unless you are using funds you can hold in that position for years. Isn't that the case whenever one buys equities? Why is now special? It's definitely less risky to buy now than it was in January.
- sgc 7y agoYes, but I don't want to be the source of somebody doing something stupid.
- deleted 7y ago[deleted]