I am 61, define "soon"
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If you're over 60, you probably shouldn't be putting a lot of your retirement savings into new stocks in any market. I'm thinking people who definitely won't need the money for 10 years.
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As a 30-year-old, I'm rather non-plussed.
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Only if the average guy listens to bad advice. All the more reason to dispense good advice.
End of conversation
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Agree. Market down because of 4,000 deaths in a world with 7 billion people. Meanwhile, common flu kills half a million each year. Moreover, new cases dropping in both China and South Korea,. Coronavirus will be a non-story by May.https://www.reuters.com/article/us-health-coronavirus-south-korea/south-korea-reports-93-new-coronavirus-cases-for-total-of-7134-yonhap-idUSKBN20V01N …
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Looks like this week is a rewind to last June.
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Those are the only people who should be buying stocks anyway.
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Just put in a buy order.
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It's always a good time to buy stocks if you are a long-term investor, but if you are trying to time the market, now is probably not an excellent week to buy back in. If earnings take a hit, there will be a new low before a recovery.
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