49 - Now is Always The Best Time to Invest

Feb 28, 07:35 PM
No matter what current events are happening in the world, one of the most common question financial advisors hear is, "Is now a good time to invest?"The answer is-  now is always the best time to invest, because every day you hold off could actually be costing you about $100. That’s like giving up about $3,000 in income every month. Quite alarming, isn’t it? This is thanks, primarily, to two things: First, the market has historically trended upward over the long term. And second, the power of compounding (when your investments have the chance to earn money, and then that money has the chance to earn you even more money). In this episode of The Money and Business Hour, Roy Matlock Jr. talks about how to invest consistently while keeping an eye on the long term.