Is this time is good for investing

Viewing 7 posts - 1 through 7 (of 7 total)

sukh22
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@sukh22
Join Date: 2020
Post Count: 1
May 13, 2020 - 8:51 am
hi guys
need a suggestion about investing at this time or should wait for price drop
Jaxon
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@jaxona
Join Date: 2014
Post Count: 284
May 18, 2020 - 12:07 pm
If the numbers add up and it fits your current strategy and position then there is no question.
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Steven
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@steven1982
Join Date: 2017
Post Count: 189
May 18, 2020 - 12:41 pm
sukh22 wrote:
wait for price drop
You can’t predict or time the market, so don’t even try it.
Make offers based on numbers that:
a) makes sense
b) provide you with buffer
c) allow you to add value so you create equity rather than “waiting for equity to build up over time”.
Study the area well and make sure the place where you invest and how you invest fits your strategy.
PropDir
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@propdir
Join Date: 2020
Post Count: 2
May 18, 2020 - 3:14 pm
Hi Sukh,
Yes, I believe it is a good time to invest. Prices in many areas are discounted (given the current situation), and interest rates are low.
However as Jaxon says, ensure the numbers add up and ensure that whatever investment you make aligns with your longer term strategy. Do you due diligence research on specific areas, consider different options, then make a decision.
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HomeBuyerLouisiana
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@homebuyerlouisiana
Join Date: 2020
Post Count: 17
May 19, 2020 - 11:03 am
I think it is always a good time to invest, the question just is where is the best place to invest now. If you think prices in the market you are interested in are going to drop then make offers based on your predicted prices. If they accept you offer and your prediction comes true you are covered and if the price drop doesn’t come then you bought really well.
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Aussie entrepreneur investing in New Orleans houses
PropertyGuru31
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@propertyguru31
Join Date: 2018
Post Count: 8
May 31, 2020 - 9:16 pm
Hi there – yes, it certainly is. I am currently looking around for bargains.
It will be worse in a few months (say end of year) when the job keeper payments cease. So me gonna be looking for some fire sales.
InvestJon1
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@investjon1
Join Date: 2020
Post Count: 3
June 4, 2020 - 10:01 pm
From a fundamental investment point of view the historical experience that covers recessions, wars and even pandemics (in 1918) tells us that the long-term trend in shares and other growth assets is up and that trying to time bottoms is always very hard.
No one will ring the bell at the bottom, which by definition will come at a time of maximum bearishness when all the news is horrible
- This reply was modified 4 years, 6 months ago by InvestJon1.