Investing in Indicies

Discussion in 'Share Investing Strategies, Theories & Education' started by OKLetsgo, 16th Mar, 2020.

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  1. OKLetsgo

    OKLetsgo Member

    Joined:
    5th Mar, 2020
    Posts:
    6
    Location:
    QLD
    Hey all,

    I'm a new person to all this, so pardon any ignorance on my part. I want to know if it would be wise to invest in any Australian Indicies soon, given the bear market. I can't help but feel that in the long term this is relatively safe endeavour.

    Input or advice?

    Thanks all
     
  2. Trainee

    Trainee Well-Known Member

    Joined:
    24th May, 2017
    Posts:
    6,035
    Location:
    Australia
    Can you handle 20, 30% losses if you buy now and will probably make good gains long term?
     
  3. OKLetsgo

    OKLetsgo Member

    Joined:
    5th Mar, 2020
    Posts:
    6
    Location:
    QLD
    I wouldn't buy now, I don't at all believe it is finished dropping. But yeah would be more of a long term thing
     
  4. Big A

    Big A Well-Known Member

    Joined:
    18th Nov, 2018
    Posts:
    1,532
    Location:
    Australia
    As long as the world doesn’t end, then I would say it’s a good long term investment.
     
    number 5 and Kat like this.