this post was submitted on 10 Jun 2026
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long term I mean 10, 20, 30 years.

Some people say yes, because my horizon are these years, long after trump is gone, but I wonder if I should wait till after the midterms or after the presidential election.

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[โ€“] hperrin@lemmy.ca 6 points 2 weeks ago (1 children)

Every Republican president in my entire lifetime has caused a major economic disaster by the end of their presidency. I would hold off for that reason.

[โ€“] SpaceNoodle@lemmy.world 4 points 2 weeks ago (2 children)

Do you not think that has happened? Now seems like the right time to buy, not to mention that the best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.

[โ€“] Nonconfrontational@lemmy.ml 5 points 2 weeks ago (1 children)

We're about to experience a great depression when this oil shock really takes effect. We're burning through strategic reserves faster than ever before. There won't be enough fertilizer to feed the earth's population. Millions will starve. You've got bigger things to worry about in the next 2 years. Good luck.

[โ€“] SpaceNoodle@lemmy.world 1 points 2 weeks ago (2 children)

I have a feeling we're gonna be eating TACOs first.

[โ€“] oeuf@slrpnk.net 2 points 2 weeks ago (2 children)

It's already too late. Even if everything goes 'back to normal' tomorrow we'll be feeling all of the delayed economic effects of this which haven't even come into full effect yet. That's just in the short/medium term. In the long term there's definitely going to be a very big impact on the way the world interacts with the US and therefore the global economy. I think that those of us who are fortunate enough to survive it are going to live through one of civilisation's big 're-shapings', of which this war with Iran will be an important episode of an important chapter.

[โ€“] Nonconfrontational@lemmy.ml 2 points 2 weeks ago

The most fucked up part imo is that if we have history books in the future, these events will be recorded in months and not years.

[โ€“] SpaceNoodle@lemmy.world 2 points 2 weeks ago* (last edited 2 weeks ago)

Look at the long-term effects of the dot-com crash.

[โ€“] Nonconfrontational@lemmy.ml 0 points 2 weeks ago (1 children)

I have a feeling Israel is calling the shots now, lol.

[โ€“] SpaceNoodle@lemmy.world 2 points 2 weeks ago
[โ€“] hperrin@lemmy.ca 1 points 2 weeks ago (1 children)

The right time to buy is when the market is low.

[โ€“] SpaceNoodle@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

The best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.

When exactly will it be low enough for your perfect moment?

[โ€“] hperrin@lemmy.ca 1 points 2 weeks ago (1 children)

My guess is when the AI bubble pops.

[โ€“] SpaceNoodle@lemmy.world 2 points 2 weeks ago

That could be years out, and we can only guess what exactly the fallout will be. The best time to start a long-term investment is still now.