Quote:
Originally Posted by collie1228
Trying to time the market bottom is a fool's errand. From the famous words of one of the most esteemed investors in history, Warren Buffett, to be a successful investor, “simply attempt to be fearful when others are greedy and to be greedy only when others are fearful (Mar 6, 2020).” Stocks are on sale right now, and there is nothing wrong with investing during a crisis. It will end at some point, and stocks will rise in price. It may be today, it might be next year, but stocks will rise again.
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Absolutely, and with the prospect of some restrictions being lifted shortly, now may be the time to buy.
What to buy I haven't a clue.
Personally, went into cash bonds when retired to avoid this rollercoaster stuff.
However if I was still in the game, I would punt very soon.
Fiirst bit of goverment 'good news' and it will be 'Wacky Races' time.
JMO.
