Are you waiting for the right time to invest in the stock market? How long have you been waiting? Maybe you’re waiting too long or you just really don’t want to start. Many Filipinos, especially beginners are just stucked on their plans and self-made promise that they’ll going to invest in the stock market.
But sad to say, they never start. On this short article, I will share some basic tips when is the best time to invest in the stock market.
As you’ve read on previous articles, stock market is one of the most volatile investment out there. It moves on its own. It goes up and down. And there are hundreds of internal and external factors that can affect its performance.
Now, most of the beginner’s question is how are they going to know when is the best time to invest in the stock market. Is it best to start or enter when the stock market is down? Or is it good to enter when the stock market is climbing up?
When the stock market is going down, there are hundreds of possible factors why it is going down. And those factors are beyond your control. No one can exactly tell if it will continue to go down and how long it will remain down.
Most of the Filipinos are afraid to invest in the stock market at this time because they think it will continue going down and they’re going to lose their money. So they’ll wait until it will start to go up.
When it’s climbing up, they’re also afraid and “thinking twice” to start because they know or “they assume they know” that a “market crash” is next to a climbing stock market performance. And the fear that they’re going to lose their money on a “possible stock market crash” will stop them to start investing. So again, they never start investing in the stock market.
Time passed. Weeks, months and years have passed. Nothing change. While others are making money and growing their investment, you or most of the Filipinos thinking like this never started and still stucked at the same place. So sad.
The best time to invest in the stock market
The best time to invest in the stock market is NOW! Don’t wait for a down market or a climbing market performance. If you want to invest in the stock market, start NOW. As you read, there’s a lot of expectations vs reality when investing in the stock market.
There is no “perfect timing” when investing in the stock market. No one can exactly tell what’s gonna happen next. If you really want to start, start now.
But of course, before you start make sure you have the basic understanding how it works. Understaing the basic and acquiring right discipline can be the best foundation before you start. Attend some seminars about stock market (here’s a free companies offering free stock market seminars for beginners), read blog articles about stock market(you can search this blog), read books, watch videos and dig all the possible resources you can have.
Once you understand, you can now decide if the stock market is the right investment for you and for your financial goals. Set up plans, set your financial and investment goals then start! No matter how much knowledge or information you have, if it’s not applied it’s useless. So make sure you start and move!
I hope this article provided you some encouragement and pushed you to realize the truth about the best time to invest in the stock market. In any kind of investment, the best time to start is NOW. But of course as I always share on this blog, always start investing in yourself.
Investing in knowledge and in ourself is the best investment of all time. To our success, cheers!