“Hindi pa rin ako ready”
“Hindi pa rin ako convinced mag-invest at mag-start”
“Natatakot pa ako, feeling ko kulang pa knowledge ko”
“Tska na, bata pa naman ako”
“Tska na, madami pa ako pinagkakagastusan”

Isa sa mga biggest fears of people when they begin investing is that they’re going to make a “dumb” decisions and not get the best investment return.

When you are first beginning to invest, what’s important is to start now and to put away as much as you can than it is to find the perfect investment vehicle.

What if you’d like to invest but you also have some debts stacked up in front of you.

What do you do?

So, your first step is to stop accumulating new debt.

You should not have additional utang if you want to get ahead. Then list your debts and start paying all of them.

The next step is to put money for emergency. Thus the emergency fund.

After that, invest in retirement up to at least 10% of your income – and at least 15% if you feel you’re behind.

Lagi kong sinasabi, do it now.

The key thing is to start now and to add funds as much as you can, using your current source of income to your advantage.

Without doing anything, you’ll quickly find yourself years behind where you would have been.

Time is on your side.

Time is money.

Over the long haul, the compounding returns of your investment will add up nicely, whatever the market situation is when you bought your first shares.

Don't waste time !
Rather than worrying about when you should make that first stock purchase, or when should you open a trading account, think instead about how long you're planning to keep money in the market.

So question is, When is the Right Time to Invest?

In the stock market, timing is nothing -- but time is everything.

The Best Time to Invest Is Now!

If you are aiming for the long term, today is the best time to invest.

It is hard to time the stock market for a beginner because it has its uptrend, downtrend and sideways trend.

The price of each stock increases and decreases.

Here’s what you do buy shares each month and hold your existing stocks for the next seven to ten years then shut down your computer or sign out from your online trading account.

A successful investor knows how to control emotions when you see reds in your portfolio.

Let’s review

  • Stop accumulating new debts
  • Pay your debts
  • Put money for emergency fund
  • Invest 10% of your income
  • Buy stocks each month and hold.
  • Shut down your computer

“What do you do next?”

I encourage you, it is now your time to take action and make money work harder for you.

2 Comments

  1. JethroAugust 7, 2018

    We are on the same page and boat. Both of us are teaching the same stuff. I hope we could reach more people to be financially literate. Keep writing more. 🙂

    Reply
    1. crisorlinaAugust 8, 2018

      To more financially literate Filipinos,
      Cheers 🙂

      Reply

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