Why MicroStrategy Stock Tanked by 11% on Thursday
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S&P Futures5,304.25-4.00(-0.08%) Dow Futures40,140.00-36.00(-0.09%) Nasdaq
Futures18,465.00-38.75(-0.21%) Russell 2000
Futures2,145.20+6.80(+0.32%) Crude
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1 hour ago
Hmm i suspect the next couple bear mkts may be normal -25% to -35% types.😉
ReplyDeleteThose millennial investors may be very happy with overall returns over the next 10-15 years. 😏
Should we wait or invest now?
ReplyDeleteDepends on ur needs & timeframe. If already enough or need to use the money within 3-5 yrs then is there a need or ability to remain heavily invested in risk assets? 😉
ReplyDeleteOtoh for those 30-something or those looking to grow a large amount 15 yrs down the road ... a -30% decline in 6 mths followed by an 18-mth recovery is just a bump in the road.
Even for retirees ... if already set aside enough cash to cover 5-8yrs of expenses ... rest of assets can be in strong dividend paying stocks or sound rental properties.
Stocks in general have spent 16 yrs (2000 to 2015) in a long basing pattern. Slightly longer for Asian stocks due to AFC payback for the Asian Tiger go-go years.
ReplyDeleteSimilar to 14-yr basing pattern for many global stocks from 1969 to 1982. Long term secular bull followed even though scary corrections / recessions along the way.
Not predicting it will repeat but i won't be surprised if it rhymes going forward.
temperament,
ReplyDeleteThen don't play big! Not as if you need the money to "escape" or be financially free ;)
Take 10% of your networth to tikam tikam, past time, ease finger itch, etc.
When young, we can "invest" everything we have; no need emergency fund!
Lose eveerything we can easily recover in a few years.
How much can we lose at that age?
Now? Don't lose money is already for the win liao!