Has the Stock Market Bottomed?

If you were looking for a bottom you might have missed it by a year. I'm mostly in to funds and a few low risk tech stocks and I'm up 7.8% over the last year and 10% year to date.

Trying to time the bottom means you're losing out. There's lots of under valued stocks right now if you're looking too buy and hold for a year or more. Most airline stocks are still way undervalued. Even if you missed covid dip they still are going to go up another 30-40% over the next few years.

It might be worth it to wait on the debt default stuff, but I would still say there's many good choices no matter how that plays out... Unless you're in to day trading. Are you investing for long term gains or looking for short term gambles?

Anyone who could answer this with confidence would be out making millions, not posting on Hacker News (one of the many reasons that investing circles on social media are more harmful to consume than good).

Fear of America defaulting on its debt is just starting to ramp up, so I doubt it’s at a bottom now.