Posted on 11 Mar 2020
I am a fresh graduate who just recently started out in the workforce and is planning to start investing early at ~3k on roboinvestors(e.g stashaway) and ~2k on ETFs currently. Do you think it is a good choice to invest now or should I wait a few more weeks/ months for the prices to drop further? Will it drop further? Thanks
Get started on regular investing now. There is never a perfect time.
If you are dividend investing, some yields are getting good. That's if you can look past the problems in the next 6months.
I remember back in 11 sep 2001, markets came down sharply after the plane crash. The next few weeks was jittery.... Why?
Everyone was guessing where the NEXT ATTACK would be coming from. Could it be a virus letter or another plane hijack. Similar in some ways to now. Where is the next country to show an exponential spread? USA? Malaysia?
From my memory of 2001, there were more attempts to sabotage but the "bad guys" were stopped in time. We upped the surveillance everywhere. We got used to the new risk levels, learned how to survive and actually started to get bogged down by new problems". Now, we can't even remember the trauma of 9/11 anymore.
Everyone wants to wait for the markets to recover first then start to invest. As shared above, it's more often then not "We get used to the new risk levels, learned how to survive and actually get bogged down by new problems" cycle.
Hence, there's NEVER ❌ a "confirmed green light NOR a definitive ❌recovery sign". It is intuitive to hope for it then go in but really... it DOES NOT EXIST.
Markets move first. It looks past an event. Then news and media justifies to the masses. We will figure a way to cope with Covid-19.
I've this new article that addresses specifically what you need to know:
If unsure or concerned in this period of investing, speak to a qualified adviser or someone experienced in the markets...
I'm still doing DCA in my UTs, since I don't really want to be bothered with trying to time the markets in general. There are no transactional fees, and I do want to be broadly diversified across markets and regions.
However for my individual stock holdings, I'm loading some ammo and waiting for a right entry price (at least to me). Do your homework, have a idea of what you want and the price, and prepare to wait. You may never deploy all your money, but that's okay too. Short of the market crashing by half or more, I don't think I'll ever deploy my funds fully.
Hope that gives you some food for thought. Good luck!
6 more comments
15 Sep 2020
Thank You so much for Your valued opinion, dear Elijah. Yes, maybe I'm too pessimistic and there are niches. Like also the active manged - hitherto successful - ARK-type active ETFs (ARKK, ARKG) with high tech. Yes, correct, the longterm 85% underperformance is a current thread, I received a new analyisis 2010 - 2019 for Switzerland domiciled mutual funds days before: 1 year: 80% underperformance 10 years: 84% underperformance. As You can imagine, I do not have the knowledge nor the time as an 'investor hobbiest' to monitor and analyze. But of course I always admit, I could be wrong with my rigid ETF theory and recommendations on Seedly. All the best to You and Your family, Elijah !
29 Nov 2020
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I read one tip and i always remember it deeply.
time in market is always better than timing the ma...
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