facebookIs it a good time to invest in US stocks? The prices are quite high now. And is it good to start putting money in roboadvisor now — the US stocks and gold are at peak :/ ? - Seedly

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Anonymous

08 Jun 2021

General Investing

Is it a good time to invest in US stocks? The prices are quite high now. And is it good to start putting money in roboadvisor now — the US stocks and gold are at peak :/ ?

Should I wait a little longer or just put in money to invest now?

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Discussion (5)

What are your thoughts?

Shania Loh

Shania Loh

15 Aug 2020

Level 8·Seedly Student Ambassador 2020/21 at Seedly

Hi Anon! I think it is ultimately up to your risk appetite and time horizon. Unless you have any liabilities or are cash tight, the time is now!

We can’t time the market and people are definitely jumping into the market now given the current situation. If you’re able to take on higher risks, do enter now by opening a brokerage account or robo-advisor for something more fuss free.

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You need to know you risk profile & time horizon (e.g whats your holding power?) Set aside enough money for whatever reasons and you can start your investing journey...

When you are looking to accumulate wealth over your lifetime, different staring points may bring better returns. That being said, the more time you have invested in the stock market, the better chances of building a substantial wealth.

If you start to set aside money every month and invested in those funds into a diversified portfolio over your working career, you would have definitely benefit a stellar returns on your investments in the stock markets during the last 10, 20, 30, 40 and 50 years.

So ask yourself when are you ready to set aside every single month to invest?

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