Irrespective of market tops and market bottoms, now is the time to invest because now is when time is on your side and you can fully leverage the incredible strength of compounding. Investing now should be done with with discipline and care.
The best of times to start buying |
The next best time to invest is at times of great panic when there is fear all around. This is the time when both rubbish and value is available cheap. The smart investor is able to buy in the panic focusing on the value and avoiding the rubbish.
What we do know, however, is that occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. And the market aberrations produced by them will be equally unpredictable, both as to duration and degree. Therefore, we never try to anticipate the arrival or departure of either disease. Our goal is more modest: we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett
Nothing could get better if now is a time of panic and one is buying value and avoiding rubbish. This would be a sure shot way to great successes.
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