Have about 80k to get into the market any suggestions? 401k and IRAs already maxing out, no house for 6 years. Currently I use fidelity for my non tax advantage accounts.

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Stay in cash until after earning season

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Same here.

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Same here. That’s why I want to follow your post. 😫🥳

Also just to add to my last point, we are only about a month into this. Realistically, we have at least 2 more months of shelter in place. Now the financial crisis was bad, but it didn’t stop the entire economy for 3 months. If you look at SPY, we’re currently about 200% above the financial crisis levels. There is a LOT more that we can drop, the bubbles just haven’t pooped yet. Patience is key.

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Look into 10X leveraged inverted ETFs. Go all in. Rake in your millions.

funny

Extremely volatile and you have to have the stomach and patience for it. I lost 10k instead of being way up when Dow went up 20% last week, but I’ve held and not sold and now 1 more decently down days and I’ll be up 10k versus the market. This is gambling, but if you have discipline you can rake it in , but it takes a lot of discipline, too much

If you have an extra $20k could consider Fidelity's US Tax Managed SMA. Low cost managed option which is diversified and Tax -efficient.

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Sorry looking for a bit of advice on getting it into investments, mostly looking at ETFs but really all I’ve ever bought is AMD or FXAIX

There’s no real secret. You already know you should be in etfs. Pick the lowest fee s&p 500 tracking etf and start buying. Two years from now you will probably have doubled your money.

Normally that’s what I’ve been doing, I guess the current market volatility has really gotten in my head.

And buy Microsoft Amazon Netflix and Walmart for the love of god, people saying get into market right now should be telling you to get into things that aren’t going to greatly affected by Corona, don’t buy etfs until we do hit a new bottom or q2 earnings are out

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