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S&P500 and the election.

hollowoutadime

Sergeant
Full Member
Minuteman
Supporter
  • Feb 27, 2014
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    The S&P is at 3250 today, all things considered, a pretty high value. If there weren't COVID, Trump's reelection would be assured, and the market would have likely been higher. Fed pumping has elevated its value. When do you decide to put your money on the sidelines and play wait and see? In for long haul. And in advance, yes, I know internet advice, you get what you pay for.
     
    In for long haul

    Then the answer is buy in and don't look at it. I think many people got screwed selling on the way down, but waited too long to buy back in on the way up. You simply can't predict it so why bother trying.

    For a shorter time horizon, fairly liquid, a very safe option is Series I Savings bonds. While the rate is 1% and limited to 10k, you're protected against inflation which many are concerned about with the Fed printing money.