Submitted by NoMoneyAnywhere t3_z7ust3 in personalfinance
nolesrule t1_iy88t18 wrote
Reply to comment by NoMoneyAnywhere in Too scared to invest...what to do? by NoMoneyAnywhere
Recessions and market drops don't necessarily correlate. We may already have the market drop caused from an expected recession. And when a recession happens, people are often optimistic about the future of the market since "it can only get better" which will cause prices to rise.
Your relationship assumptions between a recession and market drops are questionable at best. Not to mention you have 30+ years to keep the money invested so right now will look like a tiny blip at that point in the future and won't make a material difference in the long term.
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