If 2022 is as bad as everyone is saying, what will your moves be?
$SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$
If 2022 is as bad for the stock market as many people make it seem, what will your moves be going forward? I began investing during COVID and I know many others did as well, we have not truly experienced a downturn or sideways moving market since then and many of us are likely unsure of what to expect. What do you plan on doing if the market tanks? Buy the dip, or hold cash until there’s a deeper dip? What should all the newbie investors be watching to not lose capital if this is in fact the start of a downturn in the market?
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lailie : I'm not going to do a thing now, just hold tight and continue what I've been doing until now.
just holding : Let it fall
just holding : Get mbni 1/17
just holding : Get acy1/17
option boss : buy everything cheap
Evelynne : Focus on you everything else will fall into place your not suppose to have all the answers and that’s okay $SPDR S&P 500 ETF (SPY.US)$
iamiam : rotate with the market, divest from speculative tech and buy stocks that make things people need. Producers of: steel, oil, uranium, gold, cement etc (these are all at near lows right now because funds aren't done rotating into them yet)
manufactures: beware here choose companies that have a settled workforce like Deere, Honeywell, URI
pharma: inflation can go up economy can tank people still need and will pay for drugs
hope this helps give you something to think about, good luck