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by lesss365 2760 days ago
To go against the current a little bit, hold off on investing in the stock market as of now. The market is likely to turn downwards within the next year or two. There are too many indicators pointing to this.

Hold off and wait for the major indexes to lose ~40%-50% in value, then invest. During the 2008 crash, the main indexes and stocks lost ~40%-60%, and treasury bonds ~8%-10%. Save your money now and invest when markets start to bottom out.

2 comments

I'm not sure this is good advise. If there is one thing that I've heard from experienced people, it is that you can't time the market, and you should attempt to. Never invest a bulk of money at once, invest it in small chunks on a regular basis, so you will get an average of the market, which is the best you can hope for.

By the way, there have been inidcators and reasons for a downwards turn for years, and I know people who stoppend investing years ago, losing out on gains. It's never a good idea to time the market.

> The market is likely to turn downwards within the next year or two. There are too many indicators pointing to this.

I am all ears.