am I supposed to just keep throwing money at this thing?


I began investing small amounts (but big amounts for me) for the first time in my life last June.

I was told this was a fantastic time to get into investing because the market was down and so becomes a buyers market, ofcourse everybody knows the story that other than a week long rally here and there its been a bloodbath since I started investing and it is showing no signs of slowing down.

Its easy to just say I picked bad stocks etc etc but I've got a 7k in a mix of things like VOO, Berkshire Hathway, Shell, Amazon, Visa, a small amount of crypto etc etc basically mainly 'blue chip' type investments, though I'm in the red on all of them on virtually all positions.

Warren Buffett and many others say keep investing heavily as the market goes down but hell is this wise for me to keep throwing money I can't afford to lose completely and watching it go down 25% in the space of a month knowing in the comfort that in 10 years down the same position will go back into green? I know no individual stocks can be guaranteed to do this but the market as a whole is this literally how it works?

Other People say invest in bonds for the time being and sit it out as bonds out perform stocks in the short term in these sort of markets, but long term am I not better up loading on stocks as the price goes down as the long term this will be the better option?

I'm not really looking for a shoulder to cry on for sombody to tell me it will be all ok but getting into the market not far into what some are saying is the longest bear market for decades seems like I've committed financial suicide but others suggest I've gotten in at the perfect moment when thinking long term?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *