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Nanis23
03/12/20 4:30:59 PM
#88:


Moonroof posted...
Short answer, yes, now is a good time to be investing. The market is liable to go down even more than where its at now, but it will certainly go back up within a few to several months. In a perfect world, youd invest on the final day of decline. But because nobody is clairvoyant, if you were to invest now and risk the market going down even further, it wouldnt matter much compared to the increases youd yield down the road.
I am no expert to the Stock Market. I am a beginner, so take what I say with a giant grain of salt - But I believe the market will bounce back very fast once we start hearing good news about the coronavirus, whenever that might be
This isn't like 2008 - there is no financial crisis. News outlets that say otherwise are just trying to ride on the bear market. The market was super bull. And want to be a bull again.

Surely some companies will be hit hard, like Boeing, but whatever. Most tech companies will be unaffected.

And YET, I don't believe you should invest yet. There is still more room to go down. Wait a few days. There might be a correction tomorrow or on Monday, don't fall for it - it will be just a correction and not the "bounce back"

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wololo
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