Is It A Good Time To Buy Stock?

Depends on your time span. You think amazon will be lower than it is now in 5 years? 10? 30? If no then buy now.

Canadian weed can be bought on pink slips but could be on the Nasdaq soon. You think a 55% drop since January is going to go lower in 5 years? 10? 30? If no then buy now if you can on pink slips or wait on Nasdaq approval.

It's always a good time to buy stocks on any given day provided you have the available time to let it grow. There's a hypothetical story of a man from Detroit who only put in money the day before all the major market crashes since 1980. He never bought more on any other day and he never sold. He went from 100k to 1 million.

There's plenty of good things to invest in long term. If you're going to have a panicked attack over a 5% drop then you should never invest.

Cannabis stocks are where it's at right now. Canada is set to legalize this summer and the flood gates will open. WEED and ACBFF are two that I'm watching, but there are plenty of others for much cheaper. I remember lilORANG mentioned in another topic that he's watching some too, I'd be curious to see what on his list. You too Gradius, any in particular you have your eye on?

Whether you invest now or not in the stock market should depend on where you think the bottom is. Have we hit the bottom or will something else happen in the near future to further hurt things?

If you invested now you’d probably still make money in the long run. . . but be ready for a wild ride.

That suggestion is for something that reflects the general market by the way (ie SP 500 index fund), if you get more specific than that you’d really need to know more about the company/market you’re investing in.

As the guy who told people to diversify away from stocks back in January (before the drops) and who also got out of the stock market before the 2007 crash (probably dumb luck twice), my guess is that there are other asset classes that will return better than stocks this year.

But the real question you need to ask is how long you intend to hold stocks and how diversified your portfolio is. If you're investing for the long haul and you're not overly exposed in stocks, there's nothing wrong with putting money into stocks right now.