Waiting for the dust to settle
In only 23 days, on March 23rd the S&P 500 was down -37%. The bear market hit hard and fast. The investor fear gauge hit the magical lowest number of one, and the economy shut down.
Since that day on March 23rd, the S&P 500 has jumped up 27.50%. Which means, with a shutdown economy, we are currently only down 13.5%!
The question remains – Is now still a good time to invest? Is the market going to fall again? Should we wait for the dust to settle to invest more cash?
Those are the questions discussed and answered in today’s podcast. We hope you enjoy.
Here’s to wise investing,
Spencer, Brett, Ella and the Iron Gate Family
The commentary on this program reflects the personal opinions, viewpoints and analyses of the Iron Gate Global Advisors, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Iron Gate Global Advisors, LLC or performance returns of any Iron Gate Global Advisors, LLC Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Iron Gate Global Advisors, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results and always consult with a professional prior to investing.