When’s the good investment entry point for upcoming recession?

By hgpark888, July 22, 2019

Hello everyone,
I’ve been taking a step back from investing in individual stocks for a while and invested in more of index ETFs, for about past 4 years due to my work hours.
I stopped visiting stock gumshoe for about good 3 years or so, but I’m back now 🙂 and I’m happy to know that it’s still lively!

Now, I’m trying to get back into stock investing and have been studying for stocks that I’m interested in for about past three weeks.
I made some purchases but, i personally think market correction may happen in near future. And stocks are quite expensive all around.

I currently saved up about $80,000 in cash reserve on my rsp and tfsa account, besides my index ETFs portfolios.

What do you think I should be doing at this point? Make some purchases and wait for more dips? Or wait it out?

Any feedback would be greatly appreciated.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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hgpark888mobileccTravis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe
Admin
👍11643

The best time to invest is when you’ve found a compelling value or an appealing speculation and have the cash to risk. Stocks have been generally “expensive” and a recession “overdue” for several years, and predicting when that recession or market crash will come is pretty well impossible… though it’s probably easier than buying while the market is falling and you’re scared. I do hedge and I do have an unusually high cash balance as I look for opportunities and hope for panic “dips”, but making a lot of small decisions is a lot easier and less risky than trying… Read more »

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You should be looking at gold-related stocks . They have been left for dead since the last spike in mid 2016 but are now moving up pretty steadily since a low in May. Pretty much everything is moving up in the sector since gold broke resistance from its mid-$1300 range and has hit highs in the mid $1400s. The upticks include miners big and little, streamers, and etfs, particularly the 2X and 3x such as NUGT and JNUG. I follow the sector closely and believe that things will only get worse in geopolitics and trade from here on out as… Read more »