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Old 27.03.2020, 08:56
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Re: Markets down - Invest now or wait further?

It's interesting to read all 'predictions' made in this thread. Ultimately, however, nobody knows where the S&P 500 will be in the next week, month, or year. If there was consensus that markets will be going down, they'll be down already. If there was consensus that markets will be going up, they'll be up already.

IMHO there are way too many unknowns for anyone to actually benefit from timing this market. Both on the upside (surprise-treatment, early vaccine, hot and early summer) and on the downside (US riots, 2nd/3rd wave, more protectionism).

Markets will either go up or down, so at any point there's a 50% chance each pundit will get it right. Those who are lucky enough to be right will come back boasting. And help build some FOMO for the rest. But how many times in a row can they get lucky?

I'll just stay the course and stick to my pre-defined investment strategy.
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