In this month’s Chatterbox I was asked whether I thought now was a good time or not to invest new money. The question arose as a result of my latest update to my £50,000 portfolio in which I explained why I refrained from making too many changes during a period where we’d seen a spike in volatility. That’s very different to suggesting that now is a good or bad time to invest.
As you well know I regularly advise investors not to try and time the market because they will never get it right. In the worst case scenario they will lose money which they will struggle to recoup. However, there's nothing wrong with trying to determine a range of possible future outcomes within investment markets. Think of it like a weather forecast. It’s not 100% accurate but it will give you a better idea of whether a storm is on the horizon .
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