long term I mean 10, 20, 30 years.

Some people say yes, because my horizon are these years, long after trump is gone, but I wonder if I should wait till after the midterms or after the presidential election.

  • SpaceNoodle@lemmy.world
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    2 days ago

    Do you not think that has happened? Now seems like the right time to buy, not to mention that the best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.

    • Nonconfrontational@lemmy.ml
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      1 day ago

      We’re about to experience a great depression when this oil shock really takes effect. We’re burning through strategic reserves faster than ever before. There won’t be enough fertilizer to feed the earth’s population. Millions will starve. You’ve got bigger things to worry about in the next 2 years. Good luck.

        • Da Oeuf@slrpnk.net
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          1 day ago

          It’s already too late. Even if everything goes ‘back to normal’ tomorrow we’ll be feeling all of the delayed economic effects of this which haven’t even come into full effect yet. That’s just in the short/medium term. In the long term there’s definitely going to be a very big impact on the way the world interacts with the US and therefore the global economy. I think that those of us who are fortunate enough to survive it are going to live through one of civilisation’s big ‘re-shapings’, of which this war with Iran will be an important episode of an important chapter.

      • SpaceNoodle@lemmy.world
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        2 days ago

        The best time to buy for any long-term strategy is now, rather than waiting for some perfect moment that will never come.

        When exactly will it be low enough for your perfect moment?

          • SpaceNoodle@lemmy.world
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            1 day ago

            That could be years out, and we can only guess at what exactly the fallout will be. The best time to start a long-term investment is still now.