Waiting for right time

The markets are scaling new highs. But do you benefit?

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I recently met someone at a family gathering. After exchanging pleasantries, he wanted to know more about what I do. He seemed to be keenly tracking the economy and markets, and had some very interesting insights as well. The way he spoke, I presumed he would be a nuanced investor.

At this point, in a very solemn tone, he mentioned he was waiting for the right time to invest and trotted out a laundry list of issues preventing him from entering the market. All these facts were accurate, but that’s when I asked myself: “When was the last time there were no perceived or real risk?”

“Never.”

Exactly, something or the other has always plagued the world.