Where to next?
Short term predictions can be a bit of lottery at the moment but with the ASX 200 sitting at 40% the level it was a year ago, you can be rest assured that whatever level you buy in at, you’re getting it at a much lower cost than 12 months ago.
Choosing when to invest, or ‘timing’ the market, is impossible to predict yet its one of the most important factors in determining the return on your investment. Missing out on even a day or two, can significantly impact your long-term savings. That’s why you find most industry experts quoting that it’s the Time in the market that’s going to yield you the best returns.