Is Right Now a Good Time to Invest? - Money Minute with Jessica Moorhouse

Is right now a good time to invest? Yes! But also...so was a 6 months ago, a year ago, 10 years ago (you get the picture).

Remember this famous Chinese proverb:

“The best time to plant a tree was 20 years ago. The second best time is now.”

– Chinese Proverb

The same goes for investing! Don't try to time the market, just get into the market and stay there. One of the best things I ever did was start investing when I thought it was the wrong time (in 2010 when the stock market started to recover). I thought I missed the boat and I was doing it all wrong. Cut to a decade later and no, I didn't do it wrong. I did it right by starting to invest as soon as I could afford to, and making regular contributions to my investments during all the ups and downs we saw in the past 10 years.

So if you want to get started with investing, I highly recommend you start educating yourself more about it, gain some financial confidence, then go for it!