Is Now a Good Time to Buy ETFs?
Written by Selena Maranjian for The Motley Fool -> No one knows what the stock market will do from day to day or even year to year. It's not worth trying to guess what will happen next. Most folks can invest in stocks now, but only with money they won't need for years. Is now
No one knows what the stock market will do from day to day or even year to year.
Most folks can invest in stocks now, but only with money they won't need for years.
Is now a good time to buy exchange-traded funds (ETFs)? Well, you're probably not alone wondering about that. The market, as measured by the S&P 500 index of 500 of America's biggest companies, has notched big double-digit gains in six of the past seven full years and was recently up more than 9% year to date (as of June 12). There's also geopolitical unrest and rising inflation.
All these can have you wondering if a stock market crash is around the corner -- and/or a recession .
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Given that, should you perhaps avoid the stock market and ETFs for now? Well, you might, if:
But for most people, especially those with long investing horizons, I think now is a good time to invest in one or more ETFs. (Remember that an ETF is a fund that trades like a stock.) Which one(s) you invest in matters, though. And perhaps invest gradually over time, if you fear a crash. Consider these ETFs:
There are many other solid ETFs you might want to check out, too. Just aim to hang on to them for a long time.
