You are reading a single comment by @wildwest and its replies.
Click here to read the full conversation.
-
That said putting in yesterday and in few years time you could be sitting very pretty indeed.
If you have surplus cash, long term outlook and a certain amount of risk aversion, this is most likely a great time to plunge in.
wildwest-
Yeah, but you have to adjust your definition of "surplus". People won't want to be stuck with devalued intangibles if they need to get emergency medical care or their company goes bust or something. If you've enough cash/whatever to ride out whatever may come it's a good time to buy, sure.
(you may know this but just pointing it out in case others don't and lose their life savings)
frankenbike
Imagine if you'd put your house deposit in S&S only two weeks ago! We're seeing a perfect illustration of why it's risky.