I keep up with most of the dumpster fire that is current US news but I’m sorta lost on this one. I contribute to my 401k every week and have a few thousand saved up, as well as stock in the company I work for. Is all of the bad news referring to the stock market crashing? Is this general across the board or more company-specific? I consider myself decently politically educated but not so much economically.
The best time to buy is when everyone else is losing their ass. This is the best time to buy, unless it isnt and the entire market dies.
I remember 2009-2010. It was much worse than this right now. The trick is keeping your job in this market.
TheButtonJustSpins@infosec.pub 1 week ago
You should invest in broad-market index funds regularly and not pay attention to the news (as far as your investing goes).
humble_boatsman@sh.itjust.works 1 week ago
Upon the news I did check my VOO, most would agree an aggressive broad market pick, it’s 511 a share. I bought 3 or 4 years ago in the 350s. And regularly put in. What stock market slump? Just wish I had more money to buy that dip.
P00ptart@lemmy.world 6 days ago
Buy the dip now, sure. But this isn’t the dip, it’s a Continental shelf and you’re about to lose a fuck ton of money.