I'm still looking at $395 (from far away, not really short atm) and depending on how we get there, if we get there, will determine the next move. Just funny how the markets didn't take this rate hike as well as the last one, with the initial reaction being 'we saw it coming and they said 75pc hikes are off the table' to an immediate reversal the following day. I was hoping for a wild up and down to shake everyone but we're just going down for now.
Anyway. If your timeframe is a week, I'd say be careful. If your timeframe is 3 years or 3 months I'd say probably can put some money back into the markets. And if your timeframe is over 20 years, then don't be shy. Especially as there are definite bargains to be found -- don't laugh, we're saying 20 years from now. But anything else, you should probably watch closely and see if better prices come up.
And as always, not investment advice, just if you were thinking similar things, I would agree with you :)
Anyway. If your timeframe is a week, I'd say be careful. If your timeframe is 3 years or 3 months I'd say probably can put some money back into the markets. And if your timeframe is over 20 years, then don't be shy. Especially as there are definite bargains to be found -- don't laugh, we're saying 20 years from now. But anything else, you should probably watch closely and see if better prices come up.
And as always, not investment advice, just if you were thinking similar things, I would agree with you :)
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.