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The Stock Market Selling Storm Is over - Time to Buy
- rektide 4y agoMy instincts are screaming to take this hit & gtfo now, that there's going to be a lot more sad days ahead.
- ThrowITout4321 4y agoCareful, this bear market is different from 2008 and 2020 in that the fed is not intervening to help the market. In both of those downturns the fed did it's best to keep the market from falling apart. This time it's trying to slow the economy down. Which makes it hard to pick a bottom since the fed will continue to raise interest rates as long as there's a problem with inflation. I believe that the market will eventually come back but trying to time it is next to impossible. I would get in but I would cost average over a 6 month period. Or a period you feel comfortable with.
- cyode 4y ago> Experience shows the best approach is to “just do it,” when a confluence of indicators occurs like now. Accomplishing the "buy low" objective successfully means not attempting to "buy lowest.” Language like this really does sound like a gambler explaining their slots/roulette strategies to me.