By now, you must have heard about all the different events happening in the stock market. Crisis after crisis and the market has been beaten down pretty hard. Nobody knows how much more it can take, but we all know that a recovery is inevitable. It must happen, and it will happen, just as any other market crashes in the past. There is no better time than now to invest, or you’ll miss yet another crash that could take 5-7 years before it happens again! Here is your golden opportunity, and it took 7 years to finally be in this position! If you wait any longer, you might just have to wait yet another 7 years before you’ll see such a time as now again.
Why You Cannot Afford To Wait Anymore?
I’m not sure if you’ve heard anything from your friends/parents/relatives who aren’t investing, to sell off everything. I’ve heard it and I’m smiling, because I it highlights to me the market sentiments. Even people who aren’t investing have gotten wind of the market, you know something big must be going on. If we look at the chart above, I could place our current situation in a range very confidently.
There’s no way to exactly tell where we are, but we can be sure that it’s not pretty. Personally, I feel that on the Emotion Cycle, we are in between ‘Fear’ and ‘Panic’. Where exactly we are, doesn’t matter. What matters is we are on the downtrend of the whole cycle! While it’s easy to be afraid now, look forward to the future where ‘Hope’ always lies.
Tell Me! What Must I Invest In Now!
I will not hide it from you anymore! Here are the one thing you must invest in at this moment: Your Education. There’s no time better than now to invest in your education on investing. Because you’ll be ready for this upcoming trough coming your way! You don’t want to be caught in the position where the market is recovering strongly while you still have no idea how to invest! You want to be prepared with the knowledge on how to invest right now so you don’t wait another 7 years before you see the bottom of the market again!
How fast do you think you can learn how to invest? Or rather, how fast can you learn a language? If you cannot understand the language of business (Accounting – Numbers), you will never become a successful investor. It’s like a cat trying to understand what the dog is barking! That’s just the basics, and there’s much more to be learnt along the way! If you don’t start now, I’m afraid it’ll be too late then to catch the bottom of the market as we all would like to.
Pfft! Another Newbie Post..
Or is it? You’re never too good for the market. Somehow the market will always find a way to humble you. Besides, if your education stops after you’ve learnt the basics and have been investing for a couple of years, that’s how you’re setting yourself up to be humbled by the market – Like so many other people.
Your education must NEVER stop. The word ‘Education’ comes from the word ‘Educe’. To educe means to bring out or develop a potential, or in our case, to learn. There is always something that we don’t quite fully know and understand and there is no better time than now, a down-time, to prepare ourselves better for the next cycle. We won’t be shortchanged for being more knowledgeable, the returns will show for itself, when we apply our knowledge effectively.
“Risk comes from not knowing what you’re doing.” – Warren Buffett
Even if more knowledge may not enhance your returns, it will definitely reduce your risk. Here’s your golden opportunity to make the risk/reward ratio work in your favour! Before it’s too late..
Accelerate Your Learning In 3 Articles