Personal Investment Chatter

Newbie here. Is this a good time to invest in S&P500 (VOO, SPY)? I know you shouldn’t Time the market, just thought it’s a good price due to covid

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works at

Yes, the best time to invest is always right now.

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Fake news

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Nobody knows what the market will do, especially in times like these. That’s why general wisdom is to focus on time in the market as opposed to timing the market. If you want to follow this wisdom I would look into dollar cost averaging. Otherwise, you can see how the market reacts to the pandemic’s development and buy in later when things get inevitably worse.

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I’m actually investing $1K in SH, which shorts the S&P500. My 401k invests in a target fund though so I guess I’m using the SH investment to hedge my bets, not substantial enough to minimize any loss in 401k or IRA value. I guess it’s more for fun.

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It sounds it but I’m still new at this and learning, that’s on my list. 😃

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“I know you shouldn’t time the market, just thought I’d time the market”

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It’s not everyday the market drops to 2008 prices 💁‍♀️

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Yes I’m dollar cost averaging my money into VOO

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I’m buying 3 VOO per week during this time. I would be putting more, but that is what my budget allows for at this moment in time

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