Why invest now with all that is going on and much more downside to come. 1st time in over 40 years of investing that I pulled all my money out of the market in early January. During every major downturn the last 20 years, I didn’t sell a share, I actually even bought more during those downturns, not this time. I would have been down almost $500k if I didn’t pull my $$$ out.
I don’t invest in bonds, I don’t have annuities. I usually buy very good low risk high return index funds with 2-3% dividends. I also buy etfs and a couple of stocks like Apple or utilities.
If you buy bonds making a couple %, you are losing money. Last year I averaged 33% gains overall, the year before if was 60% gains in 2020 because of the “v” shaped recovery.
I’m waiting for many changes to happen before I get back in which might be later this year or early next.
I also know you can’t time the market.
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