The answer to your question is "it depends," and in some ways is not even the right kind of question to ask. Rather you should look it at whether it fits your investment strategy. Also, ETFs come in a vast array of investment types and strategies that you shouldn't group them as one kind of investment.Scorpionking999 wrote: ↑With markets being high now, is it a good time to invest in ETF now?
What I mean by depends is that the answer changes based on what you are trying to achieve. For example, if I am trying to time and make short term trades in the market place, then a high market prices might be a bad time to buy an ETF because I would be trying to time trades based on momentum. If you are a longer term investor, the short term movements of what goes on doesn't really matter. It is important to understand that most of the returns on any investmemts overtime is the income/dividends that are produced. While you might be able to buy the sames funds for cheaper 2 or 3 months from now, that isnt a guarantee and the opposite could also could also occur.
The most important issue is to define your needs first as an investor. In general, most beginners should ignore market noises and go with a well diversified, balanced portfolio strategy, buying as they go. Overtime, you could develop your knowledge and try individual stocks or more specialty etf funds if you like. If you are planning to invest short term and require the funds immediately, all equity or bond ETFs in general are inappropriate as you take on risk of falling prices which could happen easily.
And remember, in general there is no right/wrong strategy. As investors, we all have different needs and strategies. It is important to remember that what is appropriate for one investor might not be appropriate for someone else. Some people have an idea that their strategy and only their way of investing is correct. While it might work for you, dont necessarily go with that. There are also those that think the world is ending, but I think you need no further warning on that and they are pretty easy to pickout.
If you would respond with what you are tryiny to achieve, you probably will get a better response than what I wrote.
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