Andrew_Jackson_FTW
Diamond Member
- May 12, 2022
- 10,983
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Look Biden had a big dip too ,
Prob a good time to invest …. of course it’s always a good time to invest. It’s tough to predict the exact bottom of a correction or crash…. almost impossible actually. For people who are investing for the next 30 years it’s always a good time to invest. But the general rule of thumb if you’re retiring within five years, put your money into safe things like CD accounts and cash.
We can still have a great year. There is talks of the market recovering and not only that but exploding if we do this tariff thing correctly if we stay patient. If we stay tough weather the storm. For those who are selling at a loss if you’re selling and you are near retirement and taking a small loss but for somebody out there who is young and losing 30% or more it’s a big big colossal mistake. No need to do that. Just look at the history chart don’t lie.
Prob a good time to invest …. of course it’s always a good time to invest. It’s tough to predict the exact bottom of a correction or crash…. almost impossible actually. For people who are investing for the next 30 years it’s always a good time to invest. But the general rule of thumb if you’re retiring within five years, put your money into safe things like CD accounts and cash.
We can still have a great year. There is talks of the market recovering and not only that but exploding if we do this tariff thing correctly if we stay patient. If we stay tough weather the storm. For those who are selling at a loss if you’re selling and you are near retirement and taking a small loss but for somebody out there who is young and losing 30% or more it’s a big big colossal mistake. No need to do that. Just look at the history chart don’t lie.