FIRST TIME INVESTOR
Is now a good time or a bad time to start investing?
Brendan Flanagan.
26 February 2023
Follow
2 Comments
almost 2 years ago
Hi Brendan.
The best time to start investing is when you can afford to. And when you can do so with a long term timeframe.
If you’re wondering whether it’s a good/bad time to ‘hop in’ the market… only the future will tell us that. But if someone’s goal is to build up a portfolio of investments, then they’ll need to constantly be putting savings to work and adding to their holdings.
There’s always short-term uncertainty, which is one of the reasons shares typically (on average, over time), generate higher returns.
Hope that helps, and sorry if this isn’t the ‘concrete’ answer you were hoping for ;)
Cheers, Dave
Like
3
•
Reply4000 characters left
Post Comment
Related posts
First Time Investor
If only I had only known ...
Lets share our best first mistakes with investing.... I can go first, I didn't know that dividends that are reinvested ...
First Time Investor
Moving from Micro
Hi there, I am a low income mum of 3 trying to invest for our future. I am currently investing with automated payments ...
First Time Investor
G'day how are you all going my name is Dave l'm new to Pearler
Dave Here, I would like to say I'm excited about joining the Pearler family, I'm not working at the moment I work in the...