08 Jun 2021
Should I wait a little longer or just put in money to invest now?
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Why Are you asking this question?
Look, understand that you're looking for a straight forward answer.
"Yes" or "no" kind.
I wish I could but then I'd be doing you a disservice.
I'm sure you already have a stand and just here looking to find someone to agree or disagree with your cognitive bias.
But the fact that you're asking on this forum is a good step! It means that you're looking for someone to challenge your bias as well.
When it comes to investing. Its very hard for a professional to give you an opinion without any context.
You've got to ask yourself the timeline, the strategy, the sectors, the countries.
Different people are in different areas and situation in their lives.
To me, your question is:
"I don't want to lose the opportunity that's in the market, yet I also don't want to risk losing money. What should I do?"
Read, study and invest in yourself. To me the 6m-1 year self education on investing is the biggest return I've ever had.
15 Aug 2020
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.
You need to know you risk profile & time horizon (e.g whats your holding power?) Set aside enough mo...
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