facebookGiven the current situation in the world, low interest rates, protests in US and COVID-19, why does the stock market seem to be “recovering”? - Seedly

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Anonymous

12 Jun 2020

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Given the current situation in the world, low interest rates, protests in US and COVID-19, why does the stock market seem to be “recovering”?

Of course not forgetting that US is printing lots of money for QE!
As a new investor, I’m thinking of putting in quite a substantial sum of my money (DCA) in Vanguard Total World ETF(VTI) given it’s broad diversification in US market, however I’m a little skeptical to enter now. Would like to hear some of your thoughts! :)

Discussion (3)

What are your thoughts?

As retail investors, we will never know who or what is behind the minds of the big boys. Everyday there will be reports of good and bad news and the next "in" time to 100x your capital. In my opinion all are baloney. none is the wiser, they just show you what they want you to see so they can sell you some expensive courses and advise.

I listen to Warren Buffett, never bet against America. Because he is one of the few successful investors who gives free advises, gives away his fortune and never earn from any stupid trading courses or books royalty.

Myself holding various ETFs, diversfy across the world, not just US SP500. But this is really for the long term, at least for the next 10 years. In this 10 years, a lot things will change, Trump will not be the president anymore, XJP don't know will still be emperor or not, will the current tech giants still be around, what bitcoin become mainstream, will there be WW3?

Really I don't know and I don't care. As long as I am holding the ETFs, it will eliminate the weaker stocks and replace with a better ones.

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