facebookI have approx $7300, looking to buy into tech stocks in US - is it a good time now, or is recession going to hit soon so I should invest in defensive industries? - Seedly

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Anonymous

26 Jun 2021

βˆ™

General Investing

I have approx $7300, looking to buy into tech stocks in US - is it a good time now, or is recession going to hit soon so I should invest in defensive industries?

Discussion (17)

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Time in the market > Timing the market

I hope you have bought these stocks and laughing to the bank now

My opinion is to invest in companies that have constant growth over the years. With $7,300, you may want to consider investing in 10 different stocks with each stocks having 10% of $7,300.

CommonSense Investor

24 Jun 2021

Certified Professional at Biotechnology and Gene Therapy Industry

β€œFar more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

β€” Peter Lynch

Alex Chua

25 Feb 2020

Seedly student Ambassador 2020/21 at Seedly

You should not time the market.
You will need to do fundamental analysis to understand if your stock...

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