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is it a good idea to invest in etfs long term right now (volatile potus)? (linux.community)

submitted 2 weeks ago by vestmoria@linux.community to c/asklemmy@lemmy.ml

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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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[–] sneaky@r.nf 1 points 2 weeks ago

If your time frame is 10-30 years you can jump in any time and expect a decent return by the end. Timing the bottom is quite tricky. With your extended time frame it wouldn't be the end of the world if you miss the bottom.

If you still want to try though, familiarize yourself with what's going on at central banks. Why and what actions they take and how those actions impact markets.

Then you're up to speed with the rest of us wondering if Warsh can even do what Cheeto wants or of the board will outweigh him.