LogFAQs > #966400392

CE_gonna_CE posted...

Youre all good. If anything was glaringly obvious, all of us in this thread would be rich by now.

As long as youre ok with a bit of volatility if the market keeps going down a bit in the short term and are good with holding long term, which it sounds like you are, youre in good shape. Like you said, stuff Is already down quite a bit from recent highs, so by getting in now youve already got an advantage over folks who got in way higher. Theres no such thing as a safe bet, but VTI is about as solid as you can have since it gets you decent exposure to the market as a whole.

Oh yeah, and if you think Facebook is a long term play, META is another one thats taken quite a battering recently and is at a decent price point. Michael Burry (look him up if you dont know anything about him) favors it over Apple at this point, and if theres any dude that knows his shit and is worth emulating - other than Warren Buffett - its him.

Definitely okay with some short term volatility. I'm looking up Burry right now, the low price points of Disney and META are pretty tempting right now.

Another quick question for anyone, what do you use to invest? I've seen Fidelity and TD pop up a lot as good options for beginners, thanks to their low fees. I'm not really looking to actively trade, mostly looking long term, not sure if that factors in to one platform being better than another?