S&P 500 Index Stock Discussion

Khin8858 : the market been waiting for very long on the cut

102362254 : I’m hoping for lower interest rates on my mortgage, which would reduce my monthly payments and give me more disposable income. While a rate cut could lower the interest on my savings, I’d still keep some in the bank for security but consider shifting part of it to higher-yield investments. Lower rates might also make borrowing more appealing, but I’d carefully evaluate these options based on the broader economic outlook and my personal financial goals.

mr_cashcow : Would you still keep your savings in the bank?
Yes but only a small sum for emergencies, most of my cash are being allocated to other vehicles that generates high yields, gotta put those idle money to work

Lucky Lu : Are you confident in USD ?
If Fed wants to trap your money invested in US companies, what will they do?
Haris wants to increase the corporate tax from 21% to 28% and raise personal tax to milk the rich to feed the lower income. These are terrible news for US companies.
Profit will be affected, so the dividend will be reduced. Share price will be in limbo.
I am not  trying to pour cold water.
There is risk involved in buying S&P 500 too.
Suggest you go slow. RSP in slowly.
Year 2024 and 2025 should have big movement.

104077152 : hihi for the DCA, can i unselected (undo) after i have subscribed it? thanks

YOHO3318 OP Lucky Lu : Thanks for the comment. If you look at history, there is little evidence that stock market will react negatively towards corporate tax hikes. Study shows that during the five prior corporate tax rate increases in 1950, 1951, 1952, 1968, and 1993, the S&P 500 index posted an average calendar year gain of 12.9% with positive price returns in each instance. Over past decades, U.S. companies have been able to generate substantial earnings growth in different tax environments, including periods of high corporate tax rates. I guess this is what the great investors say - Never Bet Against America!
Having said that, it's important to know one's investment horizon and always keep some bullets so that during market pullback, we will be able to get some good deals in stock markets including the ETF =)

YOHO3318 OP 104077152 : Yes, you can terminate your RSP instruction anytime and it will take 1-2 days for it to take effect. Happy investing =)

104077152 YOHO3318 OP : thank you so much~ is really informative for newbies like me