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/biz/ - Business & Finance

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1614655 No.1614655 [Reply] [Original]

Is it dumb to buy the s&p right now?

It jumped so nicely even though no one expected it to post trump election.

Or should I wait for a downturn?


Is timing the market a meme or is it expected to dip significantly soon??

>> No.1614709

>>1614655
Know many billionaires that always bet on a fall/recession?

>> No.1614710

Wait till next year

>> No.1614712

>>1614709
Not really but isn't the market pretty volatile to buy in at the moment? Just seems super shaky with trump coming into office and how it could go either way

>> No.1614733

>>1614712
Be greedy when others are fearful
Be fearful when others are greedy

>> No.1614744

>>1614655
buy small amounts weekly or monthly (averages out over time)
buy large amounts when it drops significantly

not much else to it

>> No.1614748

>>1614733
Are people greedy or fearful now? S&p at all time high and pretty uncertain president

>> No.1614792

>>1614748
I felt great about the market, up until right when trump won. And i voted for trump and think he will be a great president.

Im just getting this feeling like there is only a small amount of upside left when compared to the downside. Hedge your bets and you got nothing to worry about.

>> No.1614799

>>1614792
Idk how

I'm in Canada so I'm buying shit with a terribad dollar. Not sure what to do. Sink it all into s&p?

>> No.1614807
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1614807

>>1614655

It's overbought

The gains goblin is going to raise the rates next month and it's going to crash down to earth

>> No.1615970
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1615970

>>1614807