Would you invest in an S&P500 ETF now?

[Coronita]

[quote=carlsbadworker][quote=flu]Buy bitcoin instead.

If you’re trying to get rich quick by timing the market, speculate on bitcoin. It’s so volatile that the price wildly swings by +-1 $1000 almost each day…So it’s perfect for people who try to time the market.

On the other hand, if you plan on doing a long term buy and accumulate and actually invest, drip a few hundred/thousand into an S&P500 index every month for the next 5-10 years and forget about it.[/quote]

It looks like bitcoin is preparing a comeback. Any previous bubble burst pattern would say it should be below $5K by now, but instead it went above $8K again today.[/quote]

until I see more regulation in the cyptocurrency markets ,I ain’t touching it.
I do notice a lot more people buying gold bullion on eBay though….

[carlsbadworker]

[quote=moneymaker]
Probably should have used 3.6% in above example for mortgage and investments for a doubling of disparity.[/quote]

I am highly skeptic that mortgage was the reason for the disparity. After all, it is backed by an asset that is appreciating faster than inflation. I would think the mass “invest” more into depreciating assets such as car loan, credit card purchase (include home remodeling) and most likely student loans fit into this category as well. Yes, investing in yourself could be a depreciating asset especially if you go after “do what you love” type of liberal arts education.

[moneymaker]

I’m not saying buying a house is a bad idea, just that there are probably better investment choices out there.
https://mortgagebite.com/mortgage-blog/personal-finance/even-the-rich-get-mortgages-warren-buffett-explains-his-mortgage-borrowing-strategy-to-cnbc

[The-Shoveler]

OK same question 3 years later
Would you invest in an S&P500 ETF now?

3 years ago the correct answer was yes Obviously, There is still lots of stimulus sugar to spend which I am fairly confident will benefit the housing market but not so sure stocks IMO.

Also China Bans Financial Institutions From Participating in Crypto Services.
Does not want competition with the digital yuan I guess.
IMO I think that is coming here as well.

[XBoxBoy]

I bought the dip last Wednesday. Not sure my track record of buying or selling stocks is something to brag about though… so I don’t know that my buying is a great recommendation. That said, you asked if we would, and yes I would and did.

[Coronita]

[quote=The-Shoveler]OK same question 3 years later
Would you invest in an S&P500 ETF now?

3 years ago the correct answer was yes Obviously, There is still lots of stimulus sugar to spend which I am fairly confident will benefit the housing market but not so sure stocks IMO.

Also China Bans Financial Institutions From Participating in Crypto Services.
Does not want competition with the digital yuan I guess.
IMO I think that is coming here as well.[/quote]

I do a bi-monthly, $2500 drip investment into a after tax vanguard admiral account
VFIAX,
VIMAX,
VTMSX,
VTINX,
VTIAX,

and a tiny percentaage of it going to
VCAIX
VWITX

it’s on autopilot and won’t change it.

My kid’s 529 account put everything into

Vanguard Target Enrollment 2024/2025 and also have 100% future auto-investments into that….
…but left a smaller $40k portion divided in
Vanguard total International Index
Vanguard Total Stock Market Index
Vanguard Income Portfolio11
Vanguard Inflation Protected Securities

I have currently parked 1/2 of my 401k/retirement in cash (the part in the brokerage account), and the other 1/2 in Fidelity funds that came with the employer, mostly index and Contrafund.

Trading account currently is at 75% cash, and in select banking and credit card stock…Waiting for a bigger correction.

Money from my cash out refinance went from stock to cash because I thought I had the rental property locked in. Waiting for correction too…

[svelte]

[quote=Coronita]
I do a bi-monthly, $2500 drip investment into a after tax vanguard admiral account
VFIAX,
VIMAX,
VTMSX,
VTINX,
VTIAX,

and a tiny percentaage of it going to
VCAIX
VWITX

it’s on autopilot and won’t change it.

My kid’s 529 account put everything into

Vanguard Target Enrollment 2024/2025 and also have 100% future auto-investments into that….
…but left a smaller $40k portion divided in
Vanguard total International Index
Vanguard Total Stock Market Index
Vanguard Income Portfolio11
Vanguard Inflation Protected Securities

I have currently parked 1/2 of my 401k/retirement in cash (the part in the brokerage account), and the other 1/2 in Fidelity funds that came with the employer, mostly index and Contrafund.

Trading account currently is at 75% cash, and in select banking and credit card stock…Waiting for a bigger correction.

Money from my cash out refinance went from stock to cash because I thought I had the rental property locked in. Waiting for correction too…[/quote]

I like your style flu. This seems like a very prudent thing to do given the current situation.

[Coronita]

[quote=moneymaker]I’m not saying buying a house is a bad idea, just that there are probably better investment choices out there.
https://mortgagebite.com/mortgage-blog/personal-finance/even-the-rich-get-mortgages-warren-buffett-explains-his-mortgage-borrowing-strategy-to-cnbc%5B/quote%5D

nobody can predict the future. in hindsight…buying a house in 2018 would have look like a really good move now in 2021…
certain looks better than trying to buy a house in 2021….

[Author]

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