Coronavirus fallout: Is now a good time to buy?

TL;DR

It is a fantastic time to buy in the share market for long-term investors, as the market has experienced a significant downturn.

Transcript

today and welcome back to the video series where we're trying to answer as many questions as we can from our clients in relation to the share market question we're seeing at the moment the purposes of this is to make sure that people are gettting sound and common-sense information at what can be a pretty stressful time my name is robert goudie and ... Read More

Key Insights

• 🍉 It is a fantastic time to buy in the share market for long-term investors.
• ✋ Tim Farily's ten-year forecast suggests potentially higher future expected returns.
• 🌸 Buying progressively can help mitigate losses if the market continues to decline.
• ⌛ Trying to time the market accurately is impossible, so taking action during uncertain times is crucial.

Questions & Answers

Q: Is now a good time to buy in the share market?

Yes, it is a fantastic time to buy for long-term investors. While there may be short-term risks, investing for the next 10-20 years can yield significant returns.

Q: What indicators suggest that now is a good time to invest?

Tim Farily's ten-year forecast, based on market fundamentals, shows that the market has fallen off the charts, indicating potentially higher future expected returns.

Q: What if the market continues to decline after I invest?

There is a risk of further decline, but investing progressively can mitigate losses. Buying a bit now and waiting to buy more if the market goes down further can help navigate the uncertainty.

Q: How can I time the market and predict its movements accurately?

It is impossible to predict what will happen in the market. Instead, focus on taking action and investing during times of uncertainty like the present.

Summary & Key Takeaways

• It is a great time to buy in the share market, especially for long-term investors.

• Tim Farily's ten-year forecast shows that the market has fallen off the charts, indicating potentially higher future expected returns.

• While there is a risk of further decline in the market, buying progressively can mitigate losses in the short term.