No. of Recommendations: 3
Wait for what I think will be the inevitable crash, and then hop back in. Ya, I know. Timing the market is not usually smart. But on rare occasions it can make sense. My gut (or is it spidey sense?) is telling me this is one of those occasions.
The S&P 500 returned about 65% during the four years from January 20, 2017 to January 20, 2021. People who believed that there would be an inevitable crash, and made investment decisions based on that belief, ended up losing out on a lot of return - even though there was a massive crash associated with Covid. Since the bottom of the Covid crash wasn't much lower than where the S&P 500 was when his term started, you'd have to time the market almost to the day in order to even break even on that strategy during his first term....
