Is it a good time to invest in the market?
I am sitting on more than 40% unrealized profit on a good portion of my investments in just a few months, thanks to the recent rise in the market.
A lot of people have been saying that if you have not invested in the current market, you are losing out. But does it make sense?
Is it really a good time to invest in the market?
Well, the answer is not so simple.
If you are a seasoned investor and you know what you are doing, then you can go ahead with your investments.
But, if you are someone who is beginning your investment journey or has little idea about the share market, this may not be the best time to invest your money.
If you want to avoid risk, a rising market is not a good time to invest. It is a good time to reap the benefits of the investments you made when the market was not rising.
The reason for that is you never know when it reaches its peak. Now if you invest your money during a peak and it goes down after that, it may take a long time for your investments to recover their value.
Earning good profits in the market is not a short-term game. It needs patience, a little planning, and of course, some luck.
So, this is a good bull run, but it might be better for you to wait for the right opportunity to invest.
I will keep writing more about this. Hope it helps.