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Careful, 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 bes
by ThrowITout4321 4y ago
Careful, 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.