When Is the Right Time to Buy?

【When Is the Right Time to Buy?】CLEC Investment Club

Written date: Dec. 03, 2018

Many people do not know when the right time to buy is, so some say, "The market is volatile now. I will wait until early next year to buy."

This is a common problem for ordinary investors.

Why wait until early next year? Do you know that early next year will be the low? Or is something going to happen that only you know about?

If you did not know the market would fall in October, then you probably do not know that early next year will be a good buying point either.

The past could not be known in advance. The future market probably cannot be known either.

In the future, it is not only you who does not know. I do not know either.

But one thing we can be more certain about is that the market will keep rising, keep rising, keep rising. Ten years from now, SPY and QQQ will be higher than they are today. If that is true, buying SPY at $280, $281, or $278 now is all the same. If SPY is $1,000 ten years from now, then $279, $275, $280, or $285 today are all good buying prices, are they not?

I can see SPY above $700 in ten years and above $1,800 in twenty years.

So when is a good time to buy? My answer is: when you have money available to invest, that is a good time to buy. Buy directly at the market price, and do not spend more energy worrying about it.

Waiting until early next year is just making life difficult for yourself. Your mind will be tortured until next year. Why do that?

Think about how much you will earn ten or twenty years from now, and be happy. Buying immediately is the only choice.

Buying now is already better than buying at the previous highs. Buying at $280 is better than buying at $295. Buying at $285 is better than buying at $290. So buying immediately at the market price now is the best time. Buy happily, be happy every day, and cheer for the wealth you will have ten years from now.