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/biz/ - Business & Finance

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18107304 No.18107304 [Reply] [Original]

Brainlet new to stocks here, I have 7k saved up and want to invest half of it. Is now the time to invest, what in?

>> No.18107348
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18107348

>>18107304
wait till may atleast fren, this is a bear market no matter what these fuckers are telling you

>> No.18107355

KMB.
All in,
Now.

>> No.18107383

>>18107348
>>18107355


AHHHHHHH I DONT KNOW WHAT SIDE TO BELIEVE

>> No.18107571
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18107571

>>18107304
- 1500USD in Berkshire Hathaway
- 1000USD in Hoffmann-La Roche
- 1000USD in Nestle

>> No.18107626

>>18107571
What is your reasoning for this, I would like to know

>> No.18107794
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18107794

>>18107626
Nah bruh that would take to long to write it all down, if you are new to stocks you may want to look into those companies yourself and do your own due dilligence.
Those three stocks are the core of my monthly subscription plan of automatically buying stocks after I got paid.
They certainly wont go up 3x over the next year, but may do so over the cours of the next 10 years.

>> No.18107867

>>18107304
I'd wait if I were you. The market is unpredictable right now. People on here are gonna pretend like they know whether it's going to go up or down but the truth is, there's never been a situation like this before and parallels to any other situation you can name, e.g. 2008, are pretty sketchy, so they're all just guessing.

Will this all be over by Easter, or will it keep getting worse? Will people start to settle down as they realize that covid-19 isn't actually that scary, or will the death rate skyrocket when hospitals get overwhelmed? What will mass unemployment do to the market when it's being caused by something completely external (a pandemic)? Will the gov't be able to keep the market afloat? Nobody knows.

If you decide to gamble your money right now, you absolutely could win, but realize that's what you're doing: gambling. And anyone who tells you otherwise is full of shit.

>> No.18107937

>>18107867
He isnt gambling his lifes savings, he is talking about something like a months salary.
So if now isnt the time to start investing and learning, when is?

>> No.18108108

>>18107304

no you missed the bottom. wait for the next bottoming out in 10 years

>> No.18108387

>>18108108
f

>> No.18108475

>>18108108
no one can catch/predict the bottom.

>> No.18108629

>>18107937
7k isn't that much to have saved, so I'm working under the assumption that he's not prepared to basically gamble 3.5k. If he's prepared to lose that money, then sure, go nuts.

I still stand by what I said -- right now it really is gambling because the market is so unpredictable at the moment. In general, obviously, investing (not trading) is a safe and sensible thing to do with your savings but that's just not true right now. (Of course, in a few months whichever team wins is going to act like they "knew" what was gonna happen all along even though really they just got lucky.)

>> No.18109234

>>18108629
Investing is always a safe and sensible thing to do, you talk like someone that has no personal exposure to the market at all.
There are no "unpredictable" things at the moment, there is just lots of fear and times of fear are fantastic starting points for someone that wants to begin investing.

But it looks like OP is not here anymore, so no point in further discussing things.