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Is right now a good time?

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Money Talk > Investing, Stocks and Bonds

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RandRmoney
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Is right now a good time?  Reply with quote  

Is this a good time to invest in the market?

Are mutual funds affected by whats going on now with the economy?

If this is a good time, is going with an investment firm the right thing?

If so, who would you go with Vanguard, Fidelity or.......? Shocked
Post Tue Aug 09, 2011 10:59 pm
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oldguy
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quote:
If this is a good time, is going with an investment firm the right thing?
If so, who would you go with Vanguard, Fidelity or.......?


The reason for investing in the market should be to build wealth over a longterm (30-yr) period. It doesn't work for the shortterm (just a few yrs) because of volatility. Eg, it could be lower 5 yrs from today - there is not a way to predict it - history shows us that over & over. But over a 30 yr period it averages about 11%/yr. The Dow is roughly 11,000 now, it should be about 140,000 in 30 years. The point is - if you are a longterm invester going for 130,000, your entry point doesn't really matter - whether you got in at 10,500 of 11,500 is minor.

IMO, you'll do best by incrementally investing (monthly), always accumulating, never selling or trading. I like both Vanguard & Fidelity.
Post Tue Aug 09, 2011 11:34 pm
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coaster
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Agreed with the above. Best advice you'll get. Don't try to time the market. The right time to invest is always now. Whether that turns out to also be the best time won't be known until many years down the road.

~Tim~
Post Wed Aug 10, 2011 4:31 am
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Adela Promotion
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Thanks for your post. This is very useful for me. Your post is very clear and easy to understand. Can you share with us something more like this ??? I am waiting for

your next post. Thanks
Post Wed Aug 10, 2011 9:44 am
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coaster
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You need only click on the member's profile button and then click on the link in the upper right to read all that member's posts. Better yet, just scan the topical index in this forum and read all the threads that catch your attention.

~Tim~
Post Wed Aug 10, 2011 4:55 pm
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