When Is The Right Time To Invest?

in #investment8 years ago

Often time this is the hardest question to be answered. With little to none knowledge on investing,or perhaps a good mentor to leaned on we usually made crappy investment decision in life. The easiest way to determined when is the right time to invest can be break down to;

  • What is your risk appetite?
  • Can you afford to lose the money you intended to use for this investment?
  • What is your monetary goals? How much you want to gain from the said investment?

If you happened to be in your early years of working there is still room for higher risks investment because you still have many years down the road to earn money. Let say your investment doesn't work it won't be the end of the world. Things are slightly harder for those by the age of 30-40 because you may want to play it safer as compared to younger ones.

Making decision on investing is really your responsible because it is your own hard earned money at stakes, if you let other to decide then you might as well give the money to them. It is ridiculous that when the investment making money you want more tips from them but when the investment go south you blame them all the way rather than taking the responsibilities of not making your own judgement.

Choosing the right investment can be real tough. Ones need to predict the future in a way, to predict what will be in demand. If you happened to be one visionaries, you are the few lucky people on earth. It is so sad that people only planning for their retirement about the age of 50 and whatnot. Retirement shouldn't tied to someone's age, it should tied to their financial capabilities. But, some people would enjoy their job? Let's be honest here how many of you really enjoy your job? Especially those that out of their study field.

That being said, I wish the best to all of you!

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This post has received a 14.56 % upvote from @booster thanks to: @grimjaw.

I think there is a mistake with your calculation, how do I contact you?

same with me, for 1 sbd invested, i got 0.89, i do'nt get it

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