Is there any strategy to deal with this kind of situations? Please help!
What is the best investment now when the stock market is already too expensive to enter?
- Thread starter nameeta26
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What do you mean it's too expensive to enter? Index funds are still one of the best investments.
Don't worry about it and invest according to whatever you desired asset allocation is.
Or simply read the tale of the worst market timer ever who only invested at stocks right before they crashed and then ask yourself what exactly you are worried about.
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I’m a big fan of staying the course in mutual funds, but I also research individual stocks with high upside. Feel free to use this as a reminder for caution if my play fails over the next 12 months. I’m already up quite a bit, but they have continued opportunity for price escalation in my opinion.
I’m in on a small oil producer called Vaalco (EGY). They had record production in Q3, escalating Brent prices (they produce in Africa on Brent prices), and have a contract there 12+ years. They have no debt. The next earnings report for Q3 will be around first week of November. If earnings are good in Q3 or Q4, I think a 25%+ gain is very reasonable. As always, do your own due diligence.
To assist in calling me out in the future, the price is currently $2.56.
I’m in on a small oil producer called Vaalco (EGY). They had record production in Q3, escalating Brent prices (they produce in Africa on Brent prices), and have a contract there 12+ years. They have no debt. The next earnings report for Q3 will be around first week of November. If earnings are good in Q3 or Q4, I think a 25%+ gain is very reasonable. As always, do your own due diligence.
To assist in calling me out in the future, the price is currently $2.56.
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