Bidens Bull Market

[BIGOSUFAN]

Assuming the S&P 500 closes the year where it is at, it will be 3.6% annual performance since Brandon took office. AKA horrible market performance.

 

[aix_xpert]

Assuming the S&P 500 closes the year where it is at, it will be 3.6% annual performance since Brandon took office. AKA horrible market performance.

I'm not sure that's a safe assumption either. With interest rates still rising, individuals, like myself, are pulling money out of stocks and buying bonds. Why risk losses for an 8-10% return on stocks when I can get nearly 6% basically risk free. When the rates finally stop drifting upwards, I'll start buying stocks again.

 

[BIGOSUFAN]

I'm not sure that's a safe assumption either. With interest rates still rising, individuals, like myself, are pulling money out of stocks and buying bonds. Why risk losses for an 8-10% return on stocks when I can get nearly 6% basically risk free. When the rates finally stop drifting upwards, I'll start buying stocks again.

You'll have likely missed the upswing. It's impossible to time the market.

 

[aix_xpert]

You'll have likely missed the upswing. It's impossible to time the market.

You are right, but I'm not trying to time the market and catch the bottom. I'm just trying to wait it out until its general direction is upwards and not downwards, while making a secure 6%.