Monday. Thanks for your responses! The consensus seems to be that the economy will eventually get back on track in the medium to long term, but that it is not out of the woods yet.

Monday. Thanks for your responses!

The consensus seems to be that the economy will eventually get back on track in the medium to long term, but that it is not out of the woods yet. Consequently invest in stocks now with caution because there can very likely be another market downturn, lowering prices to below what you just paid. But if you are investing for the long term, buy now and ignore these “minor” ups and downs with a long-term view for capital appreciation and eventual increase in share prices. And I agree.

What’s next? What that translates into is since I don’t want to put the money under my pillow and sleep on it, and I don’t want to pay Chase negative interest for them to let me park my money in their institution, jump in and buy some stocks now. But hold some cash for a likely market fluctuation and an “opportunity” to buy a little more at a lower price very soon! It seems we have developed a fairly reasoned investment strategy together.

At the very least, we evaluated the information available to us and made the best decision we could. And that is all that can be expected in any situation. Then we just need the discipline to carry out our strategy while keeping on our toes for the market to throw us some of its famous surprises. I think we did well, guys.