Hello!! I am in peculiar situation. I am in late 40s. I am mostly in cash across all accounts(Investment and Retirement). I want to go into the market but feel that market may crash. Then I see the market going up and up .. feel very stressed. What would you do in my situation?
I got multiple suggestions from friends
1. Invest 10% every week in SPY and QQQ
2. Invest Half now in SPY and QQQ and half later in few weeks or months. This way I am atleast in the market
3. Wait until elections are over and then jump into market
4. Just give it to financial advisor or put money in target date funds
I am a bit lost. Please suggest what you recommend or what you would in my situation. I understand it is not easy to answer such a vague question(as the answer depends on so many parameters. risk for appetite, age, job/income, expenses etc etc). Pls advice. Thanks for your help!!
I got multiple suggestions from friends
1. Invest 10% every week in SPY and QQQ
2. Invest Half now in SPY and QQQ and half later in few weeks or months. This way I am atleast in the market
3. Wait until elections are over and then jump into market
4. Just give it to financial advisor or put money in target date funds
I am a bit lost. Please suggest what you recommend or what you would in my situation. I understand it is not easy to answer such a vague question(as the answer depends on so many parameters. risk for appetite, age, job/income, expenses etc etc). Pls advice. Thanks for your help!!
Statistics: Posted by coolherndon — Sat May 18, 2024 9:46 am — Replies 11 — Views 800