As we navigate through market fluctuations, what's one piece of investment advice you'd give to someone just starting their investment journey? Share your insights!

Posting as :
works at
You are currently posting as works at

-Hold your positions for the long term (especially if you are young).

-Do not panic sell! Usually when most are selling, that is a good time to buy.

-No one can time the market. I repeat, NO ONE can time the market so don’t try too.

-Review your asset allocation every 4-6 months to make sure you are on track to achieve the goals you set out for yourself (including life changes).

I’ll share 2:
1. Diversify between uncorrelated asset classes that you’re long term bullish on.
2. Don’t try to time the markets, just re-weight your portfolio between the asset classes as the different asset classes over perform and underperform.

Set it and forget it unless you’re old. Our longest depression was 4-5 years… if you’re not retiring before then you have nothing to worry about

FXAIX over and over for the next 35 year

Related Posts

Any tax accountants/attorneys in here? What would happen to the 401k of a foreign worker if they cannot longer maintain an immigration status and have to go back home? What about a ROTH 401k? Assuming they made after-tax contributions, would they still be able to take tax-free distributions if they are non-resident aliens for tax purposes?

like

Hi new to crypto! What apps/sites would you all recommend to start investing? I have Robinhood but it doesn’t have a lot of the crypto options

like

Does anyone have any book recommendations for information on buying a house?

like

Today I lost out on a house because my offer of $90k over the list price was beat out by another bid. Everyone else having an equally crappy Monday?

likefunny

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

like

Hey guys.. Is chase private banking and jp Morgan investment banking good way for managing my investments? I'm looking to build a portfolio of mutual funds with 2-3 years horizon

like

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

like

Being lazy here. Anyone know if TD ameritrade has direct feed with EY

Finally got my nano s. Took the dip as an opportunity, bought some more coins and stored it in the nano. I plan to avoid looking at prices for a while and sleep better at night :)

like

Best SPG property to stay in London?

like

Anyone been able to work from Dubai for a UK/US firm and benefit from no taxes? I know if you are a US citizen you pay taxes where you are globally, but if you are British, then you only pay income tax on UK income - so if you live more than half the year abroad you are classed as non-domicile resident, but wanted to hear if anyone’s done this or heard about it?

like

All the wsb stocks are pretty badly hit in the after hour action. More speed to the retail investors tomorrow

like

Okay guys give me a list of things to lower my taxable income. Make yearly with wife 200k.

like

Looking for an investment advisor who is 1) a fiduciary 2) has a CFA/CFP/CPA or some combination thereof. No exceptions. DC/Baltimore area.
TIA.

like

If I invest in Eth today, would it be smart? Or should I wait till it cools down?

Anyone holding Hyln for long term ? What did you buy it for and what is your price target ?

like

Which one would you prefer b/w local lender v/s establish financial institution when buying a home?
What are the pros and cons of each?

like

anyone see the irony in the fact that one of the only coins to hold steady in dollar value during this entire mess is TRX, which was berated by all prior to the crash? :p too bad I don’t own any 😭

What are your thoughts on Baidu as an investment?

like

Any recommendations on where to invest 10k? I have about 15k in stocks but I don’t think I’ve done a great job picking stocks. Also for people making 150k+ how do you budget your money monthly?

like

More Posts

How do I make millions?

like

Curios to see how you guys log your down payment and remaining loan amount ( home , Auto etc ) in apps tracking net worth ?

Recently put 20% down cash for house which brought down the cash component of net worth but wondering how to balance this . Home equity ?

like

Anyone have experience getting the non-compete removed from their employment contracts? Specifically, Amazon based in CA (not enforceable anyway?)

like

Looking for motivation to get me to my first Alcohol rehab appointment.

Thinking about transitioning from advertising (10 years as a copywriter) into public relations. Has anyone in this bowl done that? What types of roles should I be looking for?

Hi All,
Hope you all are doing well !!!
I have 6.4 years of experience in iOS applications development(Swift,Objective C,OOPS,CocoaTouch). I am serving notice period (<20 days). Please refer me if there is any opportunity for ios position in your organisation.

like

Our firm told everyone no bonuses this year due to the pandemic. However, people like myself with high utilization received a “bonus” in terms of a gift card. My director notified me of this, but the other day my boss was mentioning how no bonuses this year really sucks. I was told by the director to not mention it to anyone but I figured if anyone knew I got one it’d be my boss. I feel super uncomfortable now because do I essentially lie to my boss because I’m not supposed to talk about it.

like

What would an Econ phd with no corportate experience make in banking?

like

Looking to break into investment banking M&A as a lateral analyst. Been doing Valuations for almost a year (graduated spring 2018 from ug). I've practiced modeling and finance questions. Cont...

like

Good jobs for introverts? So over consulting.

likeuplifting

How much is “market” comp for a 5th year, general civil lit, AmLaw 200 defense firm with usual benefits (health, dental, 401k match up to 6%). I’m LA based. TIA

like

anyone know who created Palantir's website?

like

How much time should I expect between starting a UX design boot camp, doing a job placement program with portfolio building to landing my first gig? I hope to be able to work quickly because I’ll have 15-20/week devoted to learning.

Think it’s possible to do it all under 6 months? I have 10 years of graphic design experiments 6 with a large entertainment company. I’ve saved money and I’m ready for the switch!

like

Is anybody using WACOM CINTIQ Pro 24"? I am contemplating getting one but wondering if I will be able to use a mouse/tablet along with it. I heavily use InDesign and wonder if I can use a mouse/tablet when I need to without unplugging it. Thanks in advance!

like

When you're pretty sure it would be easier to survive Game of Thrones as a main character for 6 seasons than to rewrite the 40 page walkthrough correctly. 🙄🙄💀💀

like

I've gotten feedback that I'm too honest in my interviews, is that really a con for future employers? 🫤 How do I refrain from doing that anymore?

like

Recently took up running, and looking for a light weight but warm vest to wear. Something good for temps between 30-40 degrees and can squeeze in a carry on. TIA!

How long have you been teaching? Also, what does self care look like for you?

If anyone knows of a good sublease for over the summer, please feel free to reach out!

like

Additional Posts in Finance

Has anyone done the GARP Financial Risk and Regulation course? Was it educational? Did you do the FRM after?

How are holiday party expenses handled at your firm? The MDs on my floor usually split the cost out of pocket.

like

Are there any expats here?

like

Find it so rude when a firm is unresponsive after the final round of interviews. If you're going to reject me say no, don't just go silent...

like

The real walk of shame is leaving work before everyone else on your team..esp when you're an analyst

like

Which firms are firing analysts?

like

Hello! what are the best books to read for stock trading beginners? And which book would you recommend to start with?

like

Treasury sales better than BO finance? (Senior assoc level)

like

Deep finance meme

Post Photo
like

So sick of these pat-on-the-back posts on LinkedIn, and the ensuing circle jerk that follows

likefunny

Married fish, when did you meet your spouse? Pre-career, when you were first starting out or when you were a bit more establish (at least a few years in)?

like

What's the deal with the lack of efficiency in banking?

like

Why has it been so dang hard to move from banking to a strategy role in my industry or expertise? Or a start up? 90% of my applications have passed on me before even giving me a first round interview! I’ve been on over 6 deals, and wanting out and it’s been extremely frustrating! Any insight or advice?

like

How much notice period does your firm require and has anyone quit without giving the full notice period?

like

We have a big project going on and I am the only point person(initiate it, did lot of work, and knows the deets well), seems like my mgr wants to get a headcount. But I want to use this opportunity to get promoted, how can I get this across? Mgr is new(they fired my old mgr), mgr’s mgr is new too(re-org). So not sure if I should/can make a case, or how.

like

Is $152k base for an associate a respectable salary?

like

Truck driver who ran over pedestrians in Toronto turned out to be Armenian Christian. People are in disbelief. Nothing in the news, no mention of word terrorism either. Another mentally ill?

like

Tried to apply to a role at DB, gave up trying to get through the antiquated application portal... why am I not surprised?

like

Is it a good time to start looking for jobs now? Are hiring freezes starting to lift and do you think they will go back into effect if they have been lifted?

like

What's your favorite industry to work a deal and why?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal