Watch for the bottom in the market then jump in. Probably when the new case numbers start to ease up in the US. There will be an epic rally that rivals the one after the housing crash.
Agree with person above. As long as you have time and can stomach seeing investments go down at first, invest! You will be able to earn a good percentage when the economy recovers. Savings earns basically nothing
I am buying into the market now - it’s low and with a long enough time horizon the gains you will make will be fantastic! It’s like 2008:2009 all over again - very scary in the short term, but in the long term you’ll make a very pretty penny!!
Watch for the bottom in the market then jump in. Probably when the new case numbers start to ease up in the US. There will be an epic rally that rivals the one after the housing crash.
You’re never going to time the bounce perfectly. Just be poised to act quickly.
If you have a long time horizon you can buy into a diversified index fund. Savings yield will be close to 0%.
Agree with person above. As long as you have time and can stomach seeing investments go down at first, invest! You will be able to earn a good percentage when the economy recovers. Savings earns basically nothing
I am buying into the market now - it’s low and with a long enough time horizon the gains you will make will be fantastic! It’s like 2008:2009 all over again - very scary in the short term, but in the long term you’ll make a very pretty penny!!
My Amex savings hasn’t budged at 1.7% yet. Not great, but something
It’s inevitable. I’m surprised it’s stayed this long. Dropped pretty quickly from 2.1% a while back
Pro
If you’re young put it back into the market. Future you will thank you.
Jump in when the curve flattens. I’d wait for now