Investing

is now a good time to get into the market?

  • Last Updated:
  • Mar 19th, 2017 10:15 am
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[OP]
Newbie
Feb 24, 2017
73 posts
59 upvotes

is now a good time to get into the market?

I'm sitting on cash right now in anticipation of a correction or slowdown in the US and Canadian markets.

Am I wrong to be waiting or should I jump in even with these record highs?

Aren't we overdue for a correction?
33 replies
Jr. Member
User avatar
Jul 11, 2015
143 posts
16 upvotes
Victoria, BC
Probably u should wait. but most people say you should never really plan to miss the collapse. because it isn't predictable. I would say just play around with stuff on google finance. and yes we are definitely overdue for a correction.
You're the average of the five people, you most associate with.
Sr. Member
User avatar
Jul 20, 2003
849 posts
18 upvotes
Surrey
Anytime is a good time. Buy the deal not the market.
Jr. Member
Nov 4, 2012
109 posts
6 upvotes
Good things happen to those people who wait but things left behind by those who hustle.
Sr. Member
User avatar
Aug 7, 2010
614 posts
95 upvotes
ballugagan wrote:
Mar 16th, 2017 7:19 pm
I'm sitting on cash right now in anticipation of a correction or slowdown in the US and Canadian markets.

Am I wrong to be waiting or should I jump in even with these record highs?

Aren't we overdue for a correction?
If you are planning for the long term and have done your homework, just buy what you have found deemed worth buying, because the market will continually go through highs and downs.
Last edited by komodor on Mar 16th, 2017 8:25 pm, edited 1 time in total.
Newbie
Feb 5, 2017
45 posts
15 upvotes
THere are no reasons to wait. The only one is a psychological one.
In the long term, all studies show that you should invest now, no matter what.
Deal Addict
Nov 23, 2008
1861 posts
380 upvotes
don't wait. got to learn fast and as soon as possible. No-one can really predict corrections or whatever.
Deal Addict
Mar 10, 2011
1925 posts
219 upvotes
Toronto
I wouldnt put in a massive amount of new money into the market now that we are in year 8 of a bull market. Yes the correction will come and many will be looking to buy cheaper stocks when it comes.
I have added some small positions in TFSA etc this year but nothing major.
Deal Addict
Dec 22, 2008
1400 posts
367 upvotes
Victoria
Research shows market timing doesn't work. Statistically best bet is to get in as soon as you can....
Temp. Banned
Nov 23, 2016
127 posts
31 upvotes
You guys are all wrong.

You can use technical analysis and charts to look and predict market highs and lows. You can definately time the market. Daytraders do this all the time and they make millions off of it.
Newbie
Feb 10, 2017
23 posts
16 upvotes
mypepsi wrote:
Mar 16th, 2017 11:53 pm
You guys are all wrong.

You can use technical analysis and charts to look and predict market highs and lows. You can definately time the market. Daytraders do this all the time and they make millions off of it.
you keep drinking that pepsi
Deal Addict
Oct 1, 2004
3385 posts
187 upvotes
Toronto
listen to the majority don't time the market, put it in a decent low MER balanced fund or mirrror couch potato and rebalance yearly.
Deal Addict
Oct 1, 2004
3385 posts
187 upvotes
Toronto
1LoveToronto wrote:
Mar 17th, 2017 9:01 am
you keep drinking that pepsi
lmao, I'm sure majority of the daytraders do make millions from timing :facepalm:
[OP]
Newbie
Feb 24, 2017
73 posts
59 upvotes
Matrix_dot_ca wrote:
Mar 16th, 2017 8:02 pm
Anytime is a good time. Buy the deal not the market.
Does this apply to index funds as well, like the couch potato strategy? Indexes are at all times highs they don't appear to be an attractive deal at the moment.
Deal Addict
Feb 4, 2015
2073 posts
333 upvotes
ballugagan wrote:
Mar 17th, 2017 10:54 am
Does this apply to index funds as well, like the couch potato strategy? Indexes are at all times highs they don't appear to be an attractive deal at the moment.
Time in mkt NOT timing mkt is how to grow portfolio.

Nonetheless everyone has different risk profile and comfort level. Invest it all now [in ccp portfolio or similar] but if uncomfortable with that then pick an amount [10%, 25%, 30%, etc] and get that in mkt now and rest over next 6 months, 12 months, 18 months, etc,

While ideally you fully invest now... rather you put something in now vs nothing.
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