What is The Best Time to Start Investing?
Many people procrastinate the opportunity to invest. They don’t know what time of year is best or what time of their life is best to commit their money to the market.
The right time to invest is technically whenever you’d like to invest. As long as you’re making the necessary considerations and investing responsibly, you’re making a wise commitment to create a better future. If you’d prefer all the stars to be perfectly aligned before you start investing. create a personal inventory checklist and strike at the right time of year.
How Much You’re Willing to Invest
Even if you’ve spent countless hours researching and you feel as though you’ve found a surefire way to triple your money, you still shouldn’t invest more than you can afford to lose. There’s always the smallest chance that even something that seems ironclad can take an unexpected turn.
You can take an alternate route of only investing a tiny bit of money. That money may not grow the way you’d hoped, but it’s safer than putting down a lump sum. If you want to make your first investment a substantial one, wait until you’re financially secure enough to keep your standard of living even if that particular investment fails and you lose the money. It’s unlikely that you will, but you need to keep your finances safe.
Source: What is The Best Time to Start Investing? – BBALectures