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Early this spring , the value of my stock started dropping , like a rock in the well . Now it appears to have started climbing , although there;s a long way to go before it levels out again .The surface of the well we=ater is still a long way up . But I wonder if this low is a time to buy ?

Cast1es 9 July 20
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1

I would get out of the market and put the money into a savings account so you do not have to pay taxes on it. Sorry< I know little of the stock market but we have one client who has taken a bath and seen his earnings go down a lot. I do know that you should be using a fiduciary as they have your concerns over theirs by law.

3

as a former investment advisor i recommended against individual stocks bc some go down & never recover. much safer to stick with mutual funds or ETFs.

@Umbrella_Guard , how could MFs or ETFs which are comprised of stocks "crash harder than stocks"?
you should find a trustworthy advisor or just keep your money in a bank.

2

Stock? Too volatile for me.

BitFlipper Level 8 July 20, 2022
2

Timing the market? Twill’s dollar cost averaging is a good practice depending on how long until you’re going to need to take it out.

Garban Level 8 July 20, 2022
2

All of my money is in CDs and IRAs--too much to risk buying stocks as I need my money for retirement.

1

I've been buying a little at a time.....a little Dollar Cost Averaging for me, for a change, instead dropping big chunks all at once

twill Level 7 July 20, 2022
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Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .

Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .

Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .

Posted by Cast1esReal estate can be a good way to invest , even if it's only the home you live in , but sometimes , there are unexpected costs .

Posted by PinkyandtheBrainGood correction. I actually consulted with a lot of people.

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