Is Now the Time to Invest?
Here’s a question that everybody is asking right now…
Is now the right time to invest?
The answer to that is two-fold. So, if you’re looking for a simple “yes” or “no” answer… well, it’s not that simple!
Sorry.
There are a couple of ways that you can look at it.
The first viewpoint goes like this:
First, ask yourself if you’re in a position where your employment is safe and secure? If it is, this is good news because it means that your income is secure.
When you have income and employment, there are probably banks that will lend you money.
Of course, you also have the second viewpoint. And it could help you clarify if you should invest now.
It’s this…
Most people in general don’t do well financially. And most people right now are scared. In fact, the prevailing sentiment is that it's a scary time to invest.
Well, let me ask you this…
If 94% of people retire below the poverty line… and if most people think now is a scary time to invest, maybe it’s a GOOD time to be investing?
So, what you can do is look at what most people achieve and do the opposite.
Hmmm… something to think about.
Which is why instead of looking at what 94% of the population is doing, study what the 6% of the people who aren’t under the poverty line are doing. And that’s the exact opposite of everybody else.
If you want to know if now’s the right time, take stock of your individual situation.