What Financial Advice Would You Give Your Younger Self? (Week 30)
This week’s new question for TimingResearch member was, “If you could go back in time and give your 20-year-old self some financial advice, what would it be?”
There were 134 responses to this question. “Learn” was one of the most common words in all of the responses, being used 26 times, with the word “invest” coming close after that with 20 mentions.
As far as what to learn about or invest in, popular recommendations were for investing in good companies, trading based on technical analysis (4 people), and trading options (11 people).
One typical comment was, “Start investing immediately. Learn how to trade while you are young, and build that knowledge into financial independence.”
Week 27: Slight Bearishness and Obamacare 6 Million Mark
The moderately bullish projection of 57.7% “higher” to 42.3% “lower” for the period of March 24-28 turned out to be incorrect as the S&P500 ended down 1.86 points for the week.
This week we are back to a slight bearish sentiment for the main question:
Would you guess that the S&P 500 index will move higher or lower next week? (from Monday’s open to Friday’s close; March 30 – April 4)
Higher: 48.6%
Lower: 51.4%
Week 22: Strong Bearish Projection
The slight bullishness of last week turned out to be incorrect as the S&P500 ended down 2.78 points for the week. This week however is showing a relatively strong bearish sentiment:
Would you guess that the S&P 500 index will move higher or lower next week? (from Monday’s open to Friday’s close; February 24-28)
Higher: 41.2%
Lower: 58.8%
Week 21 Analysis: Slight Bullishness and Cannabis Legalization Discussion
This week’s bullish sentiment slightly beat out bearish in the form of “Higher” answers to this week’s main question:
Would you guess that the S&P 500 index will move higher or lower next week? (from Monday’s open to Friday’s close; February 17-21)
Higher: 53.6%
Lower: 46.4%
This is a relatively small difference compared to previous weeks.