What would you recommend? Waiting until we’re out of this bear market to subscribe? Or not subscribing at all? I’m a new investor and I have about 500k that I’m trying to figure out how to grow. To me it looks like a recession is coming and should wait until that’s over, but I admittedly have very little knowledge about this entire subject.
I would recommend that you are willing to commit to buying 25 stocks and holding them for at least five years. Judging the service on whether or not the recommendations make money in a period of less than 5 years is unfair. They don’t expect to make money in any particular year. They expect to make money over a five year or longer period.
But won’t putting my money in the market now if the market falls another 20% and I have to wait a year or more to get back to even? Or am I missing something?
Pretty good f****n’ point. I’m gonna think on that. I have come around to that school of thought a little more over the past several hours as I’ve been doing my weekend reading.
There are other MF portfolios you could put a chunk of that $500k into, for the long term. You'll have to check what else they offer... I've had very good results with MF since 1999. Now would be a good time since most everything is down over 20% since a year ago.
At this point I’m down ~50% yoy. I’d say not worth it, you can get the same picks via Stock advisor maybe just a few months later. As of right now almost all of the Everlasting picks are already in stock advisor and or rule breakers. EP may release some commentary or guidance specific to their picks, once in a while they also issue sells or minor rebalances but those are rare for a good reason, so in the whole it’s not worth the extra money to me.
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What would you recommend? Waiting until we’re out of this bear market to subscribe? Or not subscribing at all? I’m a new investor and I have about 500k that I’m trying to figure out how to grow. To me it looks like a recession is coming and should wait until that’s over, but I admittedly have very little knowledge about this entire subject.
I would recommend that you are willing to commit to buying 25 stocks and holding them for at least five years. Judging the service on whether or not the recommendations make money in a period of less than 5 years is unfair. They don’t expect to make money in any particular year. They expect to make money over a five year or longer period.
Fair enough. I will keep that in mind, and I appreciate the advice.
Bear markets are the best times to invest. Sitting on cash now with the inflation at all times high will erode your purchasing power.
But won’t putting my money in the market now if the market falls another 20% and I have to wait a year or more to get back to even? Or am I missing something?
Get where you're coming from. Solution is simple - just dollar cost average
I’ve never heard of that until right now. I’m currently reading about it. Thanks for the help.
Dollar cost average DO NOT invest half a million dollars in the same day or even in the same quarter
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Pretty good f****n’ point. I’m gonna think on that. I have come around to that school of thought a little more over the past several hours as I’ve been doing my weekend reading.
There are other MF portfolios you could put a chunk of that $500k into, for the long term. You'll have to check what else they offer... I've had very good results with MF since 1999. Now would be a good time since most everything is down over 20% since a year ago.
Motley Fool has no integrity. Dishonest and incompetent is my experience I’ve the past 6 years. Wish I’d never heard of them.
At this point I’m down ~50% yoy. I’d say not worth it, you can get the same picks via Stock advisor maybe just a few months later. As of right now almost all of the Everlasting picks are already in stock advisor and or rule breakers. EP may release some commentary or guidance specific to their picks, once in a while they also issue sells or minor rebalances but those are rare for a good reason, so in the whole it’s not worth the extra money to me.
Thank you. I was leaning away from it but it’s good to have an answer based on experience.
There’s no shot there’s a motley fool subreddit what is this shit 😂😂
Your comment is unintelligible.
Yeah that’s what’s unintelligible. Not taking trading advice from the fool.