With the volatility of the stock market, is now a good time to
invest or sit for a few months to see what else happens?
Q.
With the volatility of the stock market, is now a good time to
invest or sit for a few months to see what else happens? I think
now is a good time to invest with shares being so low. I am going
to use the equity in my house.
A.
A home equity loan is a good idea because you eliminate the
possibility of margin calls. Only you can decide when is the right
time to enter the market, but if you are uncertain, you could talk
to an adviser about investing a set sum each month. This is called
dollar cost averaging and enables you to make long term profits
even if the market starts to fall at the time you make the first
investments.
Each week financial advisor Noel Whittaker answers your
questions.
