Hi everyone.
I have been avoiding investing for a couple of years now because of lack of money, but now i have a lot to spare, and i was wondering if investing in the S&P 500 would be a good call now.
My living situation is steady as can be, i have a job and decent savings (around 6k$).
My thinking is that the stock market is experiencing a shock due to the tariffs, but i've also seen the S&P 500 being a general profit if you look at the last year or longer. This means from what i've gathered, that now is a good time because the economy will stabilise with time and adjustment.
On the other hand, i have a feeling that the US is on its way out as a leading capitalist nation as China are getting more and more advanced.
What are the general arguments for and against investing in the S&P 500. Is it a (relatively) safe decision, and are there any other index funds/ETFs to consider? Thanks.