Quote:
Originally Posted by cheswick
The issue is properly timing the bottom. Obviously there will be some gains to be had long term, short term I don't think this is the worst of it yet. This virus hasn't peaked in the US and there will be further shut downs. The economy is not moving if people are at home not working and not spending money. We could also see a second wave in China once they start opening for business once again.
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That is right, if you have access to capital it should be deployed in intervals over the next few weeks. It is not however critical to buy at the bottom at the risk of missing the boat. At this point with markets losing 30-40%, gaining that in itself is worth the temporary loss if it continues to dip further over the short term. This is where wealth is created, don't let this drop make you skiddish. Health related recessions tend to be much shorter lived then other types.
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