So without trying to "time the market" too much... Shouldnt we buy some shit now while shares are cheaper than they were due to China dragging us down?
I got a bunch of cash sittin around and currently no investments. Does buy low sell high apply right now? pic not related she's just to grab your attention
Look at ACAD maybe. It got manipulated down so that Baker Bros could get in at 29 a share. But everybody who's really in is in long and didn't sell off. Should climb back up to 40's easy.
Depends on your goals/strategy
I'd find a long term, short term, cash allocation youre comfortable with and then go from there
Amount of capital matters too. Less you have the less you should be willing to risk.
Sure, this could be a temporary blip and stocks might recover and climb new heights, or alternatively August last year might have been the peak, the recovery in November was false, and now we're in for the real crash. Hell, we might be in for a Japanese-style decade of stagnation. Nobody knows the answer, anybody who says they do is full of shit. Personally I feel like we're due a larger correction and the broader conditions favour one, but coming events could easily prove me wrong.