Psst! Want to know the best time to invest?
So, you want to know the best time to invest? I’ll tell you. The best time to invest is now! There is no one in the world who has a crystal ball or a little bird that whispers in their ear to tell them whether the market will rise or fall. One of the biggest mistakes investors make is attempting to time the market and using past performance to determine how the market will perform. A majority of investors are better off using whats called Dollar-Cost Averaging. With Dollar-Cost Averaging, an investor invests a fixed dollar amount at regular intervals. For example, my goal will be to invest $400 every month, regardless of how the market may be perceived at the time. Using Dollar-Cost Averaging with Index Funds may be the best advice for most investors to take. The advice doesn’t make for exciting reading, but who cares?!
