Waiting for the perfect moment to invest usually backfires. Someone who bought the day before the 2008 crash faced a 50% loss immediately, but held and turned it into roughly 4x returns. Start now and compound over time instead of timing the market.
Nobody wants to invest in the market when it's boring. They think they're going to invest when it crashes and so they wait forever. But check this out. Run these numbers. If you had invested all of your money into the markets the day before the 2008 crash, you would have lost 50% of your money. It's a really bad day, but if you had held that entire time you would be up 4x right right now. It is not about getting in at the right time. It is about being consistent and riding the long term growth of the market. People, myself included at one point wanted to wait for there to be a big pullback and a big downturn to start the process of building wealth. But as a result they never get into the game and they never benefit from the compounding returns that add up much faster than people realize. It's better just to start than to wait for the right time to start.
