Investing in S&P - Is it the right time?
Planning to invest $50k in S&P500 I invested $12.5k today, and plan to invest: -$12.5k at the end of September -$12.5k at the end of October -$12.5k at the end of November
Does that make sense / am I making a big mistake? Any thoughts are very welcome I am planning to hold long term
Time in the market > Timing the market.
Personal & professional opinion: Market hasn't bottomed.
Thanks very much - So you agree with my above strategy?
Also when do you expect market to bottom? My bet is around end of this year (we will have a lot of issues this winter with energy prices)
Agree with above. Assuming you're in your 20s, just put the money in and don't worry about getting the exact lowest price. Even if the market immediately drops 30%, by the time you retire that'll be a rounding error
Have also seen research out of GS that missing the top ~20 market rally days in a cycle is significantly worse than buying in right before a dip - not explaining it as well as they did, but the TLDR was to buy in and forget about it instead of trying to time the market to the absolute bottom
Thanks very much - So you agree with my above strategy?
If you have the $50k in cash from a bonus or something like that, I'd personally just lump it all in and literally not look at it for 10 years except to reinvest dividends - there's no real reason to invest it in smaller chunks. But if you just prefer to layer it in over time that is okay too.
Please can you share that GS report? Thanks!
It was very long ago and was through GS equity research so I doubt it's out in the public
Wait until early 2023 before investing, markets are crashing
Nesciunt praesentium est minima minus est repellendus. Consequuntur nesciunt eum alias unde quasi itaque. Est rerum illum ut quibusdam voluptatem sint. Odit reprehenderit autem iste sed aut et. Molestiae possimus optio perspiciatis reiciendis. Et natus soluta voluptatibus illum non laudantium.
Culpa alias a perferendis repellat quo. Cumque consequatur deserunt qui ut quis tempore quam. Sit odit consequuntur cupiditate architecto harum voluptas perferendis.
Illum debitis corrupti a voluptas. Voluptatem nulla et neque rerum quia.
Nulla nesciunt pariatur ea. Maxime ut et amet molestias quia sed accusamus. Quis consequatur atque ipsam cupiditate repellendus. Impedit accusamus ut a qui voluptas. Quo aliquid quasi repellendus consequuntur. Voluptas doloremque saepe harum accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...