Key insights
- An individual seeks perspective on investing $20k in a seemingly volatile market. The user is risk-averse and concerned about a potential recession impacting their investment. Given a long-term investment horizon (25 years) and the ability to add $1k/month, delaying investment entirely may lead to missed opportunities, but the user's risk aversion warrants a cautious approach. The overall impact on US equities is slightly negative, reflecting investor hesitancy amid market uncertainty.
Long-time lurker. Not looking for free advice.. just perspective from people who have experience in this. I have never invested a cent. I want to create generational wealth for my family; my parents are super poor. Buying 20k worth of investments in what I consider a volatile market (again, knowing nothing) seems really risky and runs counter to my plan to build wealth. If I buy today and we go into a global recession tomorrow.. how screwed would I be vs if I had waited? Is waiting always bad? I've heard about catching the falling knife, but is it really always better to buy now vs waiting?
EDIT: Wow you respond quickly. Thanks, I am sure this question gets asked a lot. I appreciate your insight!
Some info: I am mid 30s, hoping to save for 25 years, give or take. I make 100K a year, as does my wife. We put away 4K in savings a month. We have bought a house, paid off debt, have a savings cushion, built my business, and now we are ready to invest. I am hoping to add $1k a month, as well as both of us contributing to roth IRAS.