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Do you think the stock market will crash soon? Should I buy now or wait till it crashes?

Posted on 10/7/21 at 10:56 am
Posted by GoldLiger
Member since Sep 2021
14 posts
Posted on 10/7/21 at 10:56 am
Anyone concerned about inflation skyrocketing or the housing market in China collapsing?(Evergrande)

I’ve never bought stock before but this is a concern from what I’ve heard/read.

Do you think it will crash between now and a year from now?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/7/21 at 10:57 am to
Buy low sell high
Posted by AndyJ
Member since Jul 2008
3452 posts
Posted on 10/7/21 at 10:58 am to
You’re new to investing and pretty naive. You need to be thinking long term. A short term correction does not really matter for a long term investor. No one knows what will happen. People have been expecting a crash for a while and it never happened. The DJIA might go to 42,000 before a correction… and then it might correct to 37,000. Who knows? You can’t time the market
Posted by big_tuna
Member since Jun 2019
600 posts
Posted on 10/7/21 at 11:04 am to
Just don't be the last to buy and the last to sell
Posted by cgrand
HAMMOND
Member since Oct 2009
46710 posts
Posted on 10/7/21 at 11:05 am to
you should definitely sell before it crashes and buy after it crashes.
no charge for this advice, BTW
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32751 posts
Posted on 10/7/21 at 11:07 am to
It just took a 6% haircut and it’s showing temporary bottom indications. Now is a good time to buy
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21079 posts
Posted on 10/7/21 at 11:14 am to
Nobody knows …

Only?Probabilities and opinions based on their interpretation of data

If you’re this new to it — I’m a fan of DCA and indexing to start and you’ll get exposed to the risk of the market without the worry of timing (which NO ONE can get right except Nancy Pelosi and Jerome Powell )
Posted by TigerDeBaiter
Member since Dec 2010
10670 posts
Posted on 10/7/21 at 11:19 am to
Yes
Posted by TigerDeBaiter
Member since Dec 2010
10670 posts
Posted on 10/7/21 at 11:19 am to
No
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3216 posts
Posted on 10/7/21 at 11:21 am to
Well, which 'un is it, baw?
Posted by GeneralLee
Member since Aug 2004
13946 posts
Posted on 10/7/21 at 11:23 am to
quote:

I’ve never bought stock before


We can tell.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35851 posts
Posted on 10/7/21 at 11:33 am to
Paging Hussss
Posted by Decisions
Member since Mar 2015
1604 posts
Posted on 10/7/21 at 12:26 pm to
Waiting for the crash is weak. YOLO everything into SPY puts with a one year expiration.




J/k. I’d say either DCA your way in if you’re in for the long-haul or buy some sort of income-producing real asset (with minimal debt).
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82055 posts
Posted on 10/7/21 at 12:48 pm to
If anyone knew this answer, they would be a billionare.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32413 posts
Posted on 10/7/21 at 1:57 pm to
quote:

Do you think the stock market will crash soon? Should I buy now or wait till it crashes?


Wait for Husss to post his prophecies

Do the opposite


????


Profit
Posted by TDsngumbo
Member since Oct 2011
49207 posts
Posted on 10/7/21 at 2:58 pm to
Buy now and when it crashes. And don’t stop buying
Posted by BigDropper
Member since Jul 2009
8413 posts
Posted on 10/7/21 at 2:59 pm to
quote:

LET'S GO BRANDON
Posted by Pendulum
Member since Jan 2009
7925 posts
Posted on 10/7/21 at 4:11 pm to
Last time we had this thread, the OP ended up fighting with every reply about how the whole system was about to come down. Never gets old every month getting one of these.



If your concern is inflation, then moving to cash doesn't make much sense now does it.
Posted by Decisions
Member since Mar 2015
1604 posts
Posted on 10/7/21 at 4:45 pm to
I think another thing should be pointed out: everyone always talks of “breaks” and “crashes” like these things happen in seconds when often it’s more of a “vague saunter downwards” as a popular book/series so eloquently put it.

Analysis paralysis is a common affliction and can lead to people doing the worst thing of all: nothing.
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
61624 posts
Posted on 10/7/21 at 5:22 pm to
quote:

Anyone concerned about inflation skyrocketing

yes

quote:

or the housing market in China collapsing?

Not sure what this has to do with the price of tea

quote:

Do you think it will crash between now and a year from now?

Don't know much about anything but what've learned for myself with the stock market over 20+ years now is that I've just kept buying on ups AND downs and so far, I'm doing ok. So I'll probably continue for about 20 more.


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